Dehou Liu Comment On Regulatory Notice 22-08
strongly oppose it!
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strongly oppose it!
I have had much success with leveraged etfs, and just like being leveraged in real estate, we should be allowed to take risk in the equity market for a greater return.
We should be able to invest where ever we want!!! It's American, Letts keep it that way
The last time I checked, I was still living in the UNITED STATES of AMERICA ! I have the right to trade in investments of MY choice. I have studied extensively on many forms of investments, such as options, futures, stocks
I believe it is my right to choose what public investments are right for me and my family, I also believe they should be available to all, not just the privileged few. I do not believe it is right to require a test before I can invest in leveraged and inverse funds. These are only a small part of my investments, however they help enhance and protect my investments overall.
I believe that the SEC should be working for my and other citizens interests, and not those who would hold us down.
I would like to request that FINRA not restrict our ability to purchase leveraged and inverse funds.
Modern Portfolio Theory postulates that our main resource for profit is a function of risk. Almost any investment can have its risk dialed up or down to meet our financial needs.
So, it is prudent to allow all investors the ability to decide for themselves and take personal responsibility for their investment decisions. We cannot decide that one should pick individual stocks instead of leveraged Treasuries or gold for example.
Common Sense is that when a small investor invests own money with no leverage, then what is wrong in buying the funds? Please worry about real big fish who consistently make money at cost of retail investors. We are fine without your concern.
This is a bunch of [REDACTED]. Just another obstacle the little guy has to face because of the brokerage industry and their friends at the Hedge Funds that use leverage 24/7. I know what I am doing with leveraged funds just like I know what the risks are when trading options. Please don't do this!
Please do not make this change, the individual and free market are better at making these decisions. Thank you for your consideration.
Public investments should be made by me and my family. I don't need more regulations and more government.