Lingchong Mai Comment On Regulatory Notice 22-08
Oppose the proposed regulations
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Oppose the proposed regulations
Greetings,
As an individual investor with broad experience I respectfully request you halt further regulation regarding inverse and funds. These products allow investors to express their views on the market inexpensively and with considerable liquidity. To remove this ability is to deprive one of their freedom to choose.
I TOTALLY oppose restrictions to my right to invest! Just like freedom of speech, government isn't to be stopping freedom to invest! I know what is risky or not! I'm NOT stupid! I've been investing in leveraged funds for over ten years and doubled my HSA Medical account! Just think what little Medical funds I would have available with the government intervening. It would be ridiculous for me to have to pass a test just to invest! Leave things as they are!
Dear Sir or Madam,
I am writing to express my fear and displeasure in relation to the regulations being considered by FINRA that would prevent investors like myself from accessing products like leveraged ETFs.
I have worked for a decade in the financial industry designing systematic financial products and am a CFA charterholder.
I, like many others, have held positions in leveraged investments for years and they are a very important part of my investment strategy.
Hi,
I know investing is a risk, but I would like to continue investing in leveraged and inverse funds offered by Proshares with out restrictions.
Do NOT limit or Restrict my right to buy inverse or leveraged funds or ETFS. THANK YOU
I object to your interference by regulation.
Economic freedom is a bedrock of the United States. I do not need the government to protect me from myself. This proposal is government overreach.
I have a constitutional right to invest my assets as I see fit as long as I am not mentally incapacitated as declared by a court of law. Has FINRA ever heard of the Bill Of Rights??
Let it be known that we will legally challenge any rule that violates these rights and enjoy the dollar damages assesed by a court of law when we prevail!!
As an investor, it is my responsibility to understand, research and select investments, along with the ultimate risks & rewards. This is the same I would expect of anyone who is investing.
For leveraged funds, it is a critical part of my broad investment strategy, again knowing the full risks, up & down. All fund prospectus's provides clear picture of the investment strategy, history, risks, etc., etc. Anyone investing should be aware of these and many other sources of information to be able to make informed decisions.