Vrajesh Dalal Comment On Regulatory Notice 22-08
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
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I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
The world need this service to remove them would be the most corrupt thing to do and there will be consequences. Long live leverage (tqqq,sqqq,qid,qld,UVXy boil gush drip dust etc)
I disagree with this regulation by making a high net worth means test you are cutting off average investors like myself - a schoolteacher - from investing in a product that if your regulation goes through, will only be available for already wealthy investors.
I have leveraged and inverse funds for 30 years and don't see any need to regulate them
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
Please do not limit my investment, potential government intervention will ultimately reduce the performance of my investment.
There is no need for regulators to dictate what investment products I use. Investors have the right to make that decision on their own.
I should be able to invest my money where I want. I understand the risk/reward ratio and play safe. I should not be penalized for others who cannot manage their risk and are vulnerable
Although I am now an accredited investor, there was a time in my early trading life that I traded instruments that you would now consider complex. By putting complex investments behind regulatory walls, I believe you are not trusting in the intelligence of the public to do their research and investigate their investments properly. This is a thinly veiled attempt to domineer over the investing public with an entirely too heavy regulatory hand.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST