Lawrence Raymond Comment On Regulatory Notice 22-08
I would like to state that it is by no means the governments place to limited my investing choices. This is not an action to protect the individual investors but to limit our choices.
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I would like to state that it is by no means the governments place to limited my investing choices. This is not an action to protect the individual investors but to limit our choices.
Dear FINRA Regulators,
I am an active investor and use inverse and leveraged funds.
I believe it is my right to have unimpeded access to these funds in order to keep pace with hedge funds and a fast moving equity market. These funds help level the playing field for individual investors.
These are publicly available investments and need to be available to all of the public.
Comments I understand the risk of leveraged long and short funds I use them to offset market movements and trade them shot term and should not be limited to use them .
I believe that people should be able to determine their own investments and can evaluate their own risk tolerances. Over time people do make errors but can learn from these experiences. I urge FINRA not to limit the public markets in investments as it reduces the liquidity for all invrstors.
I oppose this regulation as this tramples on the concept of free market and it also impedes on my right to investing my money the way I want to.
I am an engineer and has strong understanding of the characteristics and risks of L&I Funds, and that their purpose is for short-term active trading. I never invest in these funds for longer term. I can say there is nothing complex to understand how L&I funds work. America is a country of equal opportunities so equal trading rights should be given to retail investors as well as investment/hedge fund companies.
I should be able to choose the public investments that are right for you and your family.
Public investments should be available to all of the public,not just the privileged.
Restricting this will encourage my to not invest into the market.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds.
I have used Leveraged funds SUCCESSFULLY for the last ten years. They have added significant gains to my retirement plan. Please leave them alone.
Please do not do this. The options of the way I want to invest is my own. The risk is my own
I consider the proposed restrictions for individual investors to trade leveraged ETF's to be an egregious attack on my personal freedom. I do not need another Big Brother interfering to protect me from any perceived risk to my financial security. I am fully aware of the risk and use these instruments to hedge and protect myself from loses. The prospectus for every fund that I have invested in has made the risk clear. No one has encouraged me to make these types of investments primary to my portfolio.