Jae Lim Comment On Regulatory Notice 22-08
I oppose it period.
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I oppose it period.
Dear Sir/Madam,
Use of inverse funds is a method of protecting a portfolio from decline that is crucial to retired investors such as myself.
Since early March I have used inverse funds as a hedge to protect my long positions in my retirement accounts. The other options would be cash which would be decimated by inflation or hold and pray we do not have another dot com lost decade where inflation AND no positive returns would dramatically reduce my standard of living.
Please do not restrict my access to these trading vehicles.
Sincerely,
A blanket ban on leveraged and inverse fund trading is excessive. People want access to a variety of options based on their perception of where markets are headed. Limiting access to these types of financial instruments just creates more inequality in the financial system. Please do not pass this regulation!
I would like the freedom and ability and the chance and opportunity to determine my future. My financial future. My family trees future. I have studied leveraged funds. I understand the risks. The rewards. And the government should not determine what investments the rich can make. And what investments the poor can make. If there is one set of rules for the rich, and another set of rules for the poor, then the financial system of this country will not likely be sustainable.
Please do not limit my investment rights. I am FINRA registered and should not be limited on my personal investments
Restricting opportunities for retail investors is not going to help them make better investment decisions or grow wealth. It will only serve to increase the wealth inequality in the U.S. Having investors test in order to trade certain ETPs is an unrealistic burden on investors and a waste of tax payer money to facilitate.
Hello,
I have employed inverse Etf funds for several years and understand the risk entirely.
Mostly I invest in them as a moderate defensive hedge my investments, and occassionly to add to returns. Due to the risk I never hold inverse stocks overnight.
WIth my experience and understanding, I for one see no need to regulate these vehicles.
Sincerely,
Please do not attempt to regulate leveraged funds in such an insincere way that would make it only available to the already wealthy and powerful individuals, ensuring they always stay ahead of the average person who does not have the time to dedicate their entire life to pursuing wealth through investment.
I oppose any action by any regulatory agency that would limit freedom to make choices on investment types or any barriers to entry on such.
Leveraged and inverse funds are important to my investment strategy. As an older investor who started investing later in life, I use them to seek enhanced returns, and you should never be permitted to take away my right to think for myself and make my own decisions about how, when, and with whom I invest MY money. I shouldn't have to go through any special process or exam test to be able to invest in public securities, and it is patriarchal and arrogant to assume that I am incapable of understanding leveraged and inverse fund and their risks.