Paul Anello Comment On Regulatory Notice 22-08
Please do not ban the sake of these leveraged products. The individual investor wants to be in control of their own decisions and these products are helpful to hedge.
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Please do not ban the sake of these leveraged products. The individual investor wants to be in control of their own decisions and these products are helpful to hedge.
Me not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
I use TECL on a regular basis. I am not a sophisticated investor but I am still capable of being responsible for my own investments. Please do not over regulate
In regards to leveraged and inverse investments: Individuals, not regulators, should be able to choose the investments that are right for them and their family. Public investments should be available to all of the public, not just the wealthy. I and other investors shouldn't have to go through any special process like passing a test before we can invest in public securities, like leveraged and inverse funds. I'm capable of understanding leveraged and inverse funds and their risks. We do not need these measures imposed on us.
I am often trading leveraged funds to earn profit myself. I would like to continue doing so. It would be extremely unfair to limit my personal ability to trade, while letting companies and institutions to profit. I would end making less money and most likely will not have enough to retire. Please, stop this nonsense - let individuals like myself trade what we want to trade.
Let the people decide. Regulation is not needed.
Investments such as TQQQ are especially usefull to average, non-professional investors such as me.
I have made good profits from this high quality ETF.
Instead of implementing restraining regulations to diminish trades in high quality ETFs, FINRA should help spread the word about these great funds and allow more people to use them.
Please don't use tunnel vision to be short sighted.
I should be able to choose public investments for myself and family. No special processes should be needed in order to invest my own money.
We live in very uncertain and volatile economic times. Leveraged ETF's give many people the ability to better their financial lives with some knowledge and skill as we steer through these incredibly volatile times. This can level the playing field and help to better individuals and family's financial wellbeing. Existing laws are already in place to protect people with the use of financial disclosures and notices by the attempt to inform people of the risks involved.