Spiro Pappas Comment On Regulatory Notice 22-08
Do not pass this
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Do not pass this
Do not restrict our ability to invest in leveraged financial products.
Please don't limit my ability to invest in inverse funds without passing tests and reading large amounts of data. I am capable of understanding inverse funds and their risk.
Here we go again. The Federal Govt wants to tell me how I should be investing. I am 88 and fully capable of growing my Investment portfolio by using 2X Leveraged ETF's. Do you liberals have nothing else to do? Get a real job.
Public investments should be available to all of the public,
not just the privileged. Leveraged and inverse funds are important to my investment strategies.
I oppose this potential set of regulations. They are arbitrary and they hurt investors. I respectfully request that these regulations not be enacted and that I be allowed to freely invest my hard earned dollars freely.
These leveraged instruments are valuable and a fundamental part of my strategy. Traders and investors should have the option to buy and sell them freely. Please do not limit my and other individuals choices in what we buy and sell.
I find these valuable instruments for my investing strategy. Please do not remove this option.
I should be free to invest where I see fit. I know the potential risks - and rewards - of leveraged and inverse funds and incorporate them into my portfolio to hedge against losses and seek better returns. Imposing restrictions, like testing, restricts the ability to invest in such funds to the privileged and well-connected.
I feel that regulators should not set rules for common folk to purchase certain stocks. it should be our right to purchase what we want without interference. Thank you