James Verlare Comment On Regulatory Notice 22-08
These types of investments should not be regulated. Current holders of these investments will suffer substantial harm should future purchasing be limited.
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These types of investments should not be regulated. Current holders of these investments will suffer substantial harm should future purchasing be limited.
The ETFs are a great alternative to trade with less risks than futures, you should regulate more those ridiculous margins that futures brokers are offering, a huge percentaje of new traders loose the account because you allow margins in futures for day trading that are dangerous.
With ETFs the risk is less because you use less leverage.
It poses severe threat to the market fairness!
Dear Sirs- I have been successfully using leveraged ETF's that follow a multiple of either the S&P500, The Dow, and the NASDQ to bolster my investment portfolio, together with bell shaped conservative funds, using a diversified mix of funds. I am an aggressive investor. I have had success with a 10 or 15% mix of 2x and 3x bull market etf's. I have found the S&P500 and Nasdaq bull ETF's to be the most marketable, and have the lowest service fees.
I should be able to choose the public investment not regulators. Public investment should be available to all who want to invest not only for the privilege, I should not have to take a special test before I can trade. It should be my decisions
as an adult investor with a long investing history, I resent government regulators controlling how and what i am able to invest in.
If it's money that I earned, then I should have the right to invest freely as I choose. I am responsible for the money my family has and we invest according to the amount of risk we can accept. Why don't "regulators" employ a rigorous process for the people that took out 1.7 trillion dollars in student loans and are now requesting cancellation.
I am writing to tell you that I oppose restrictions on being able to invest in public investments. I find it ironic that a group of regulators would be better able to choose the investments that are appropriate for my family. I have been a successful trader and resent people micro managing my decisions.
This is my money and I should able to choose my own investments. Inverse and leveraged funds are a strategy to combat the hedge funds and institutional money - both are market manipulators. Try regulating them. And, try regulating Congress - they abuse the system and make investments off inside information but no regulations there. So, let's just regulate the common people, of course. Just another example of let's regulate everybody but where the problem lies.
I do not feel that I should have to go through hoops to make investments that I feel I am comfortable making. The government doesn't regulate my selection of houses I could buy (an investment in a volatile market), so I should not be restricted on my investment selection within the stock market. While I am Series 7 licensed, I still think it is excessive for anybody to have to take what is ultimately a competency test in order to invest. Sounds similar to the competency tests certain people were required to take in order to be able to vote many decades ago.