William Shumaker Comment On Regulatory Notice 22-08
What are thinking about doing!!! Shorts are much more ILLEGAL than Inverse Funds! Shorts are WAY above and beyond the TOTAL number of shares a company has total in number!!!!!
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What are thinking about doing!!! Shorts are much more ILLEGAL than Inverse Funds! Shorts are WAY above and beyond the TOTAL number of shares a company has total in number!!!!!
While the financial industry does need strong oversight, this rule is too restrictive. I oppose this rule and feel like it will result in fewer alternatives for investors. The ability to use leverage can certainly increase or decrease returns substantially. I want the ability to take advantage of leverage.
Let me make my own informed decisions. I need more choices.
Spend your time protecting investors from real threats, punish politicians who inside trade on a daily basisleave leverage funds aloneI have the right to invest MY MONEY the way I want
Extra regulations regarding letfs are not needed as investors are aware of the risks. Investments types should be an equal playing field regardless of net worth.
No one should dictate to me what I can or cannot invest in. Stay out of our business.
I strongly oppose any proposal by FINRA to regulate my ability to invest. The implications of these proposed regulations are insulting and offensive on the surface, implying that investors are not capable of making wise investment decision. Perhaps the ulterior motive, however, is to limit certain PUBLIC investment opportunities to the "ELITE." We don't play that game in the USA and action taken along these lines will be shown to be favoritism to high wealth individuals.
As long as investors of any type have prospectus and disclosure, there is no need to ban leveraged products from the marketplace.
Regards,
William Lussenheide
I am totally against any proposals to further regulate these investments. All investors are already aware of the risks involved in these investments and do not need Big Brother interfering with our decisions.
Leveraged and inverse funds are important to my investment strategies. I will literally quit investing without them.
In terms of the risks, many of them are based on broad based indices, i.e. SP500 or DOW. As such, these funds are diversified with just a higher volatility. I understand the risk. In market, many other types of risks such as bankrupt risk, fraud accounting risk, etc is non-exist for leveraged and inverse funds. The biggest risk for these funds are just macro economic risks or regulatory risks.