Stefan Dinev Comment On Regulatory Notice 22-08
I find the regulation imposing limitations on my ability to trade funds. If is against the free market.
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I find the regulation imposing limitations on my ability to trade funds. If is against the free market.
Regulators do not know what is in my best interest better than I do, and should not seek to override my judgement in financial matters.
I am opposed to further regulations to restrict or disqualify me from trading L&I Funds. I am aware of the high risk and short term volatility to valuations of these funds and the need for daily if not hourly monitoring and evaluation.
My brokerage firm, Fidelity, already provides a popup warning statement for me on these funds and it has been effective in causing second thoughts and in some cases a canceling of the trade. Thank you for considering my input.
I disagree emphatically with limiting retail investors access to leveraged products and the inverse leveraged products. If one educates oneself, these products can be a highly effective means of benefiting from volatility in certain sectors.
The level of legislating for oneself is constantly being reduced to the lowest common denominator. Let's try to keep some sense of freedom of choice and stop underestimating each individual's ability to learn, grow, and prosper.
I oppose restrictions to my right to invest
I oppose the restrictions to my right to invest
It should be the investor's choice to invest in leveraged and inverse funds. These are important investment vehicles that should be researched by the investor just as any other investment choice they consider. Limiting or restricting an investor's investment options restricts their ability to do what is in their best interest. Many everyday investors use these investment options regularly with much success.
I think this regulation is both unfair and unnecessary. It is unfair because it implies a change in the rules of the game. Investors who have been implementing strategies using leveraged products will be unable to fully execute their strategies. This is my case, and Im a long term investor.
This is a form of suppression not regulator just call it what it is instead of hiding. We all should be able to choose what public investments are right for us and are family.
Public investments should be available to all of the public, not just the rich and privileged. No one needs to pass any special test to invest, you are just keeping lower income people down.
I believe that most people who do choose to invest in these funds are aware of the risks and do their own homework before they start investing. While I do believe that offering education on the risks, as well as risk mitigation strategies, would be beneficial for traders, I do not believe that extra layers of bureaucracy and testing will create better or safer traders, and will simply reduce the activity on such funds unnecessarily. This is to no one's benefit.