Thomas Sylvest Comment On Regulatory Notice 22-08
Unprecedented overreach to free markets. I am an experienced knowledgeable trader of over 30 years. I understand the risks associated with these types of funds. Im a man. I can handle it.
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Unprecedented overreach to free markets. I am an experienced knowledgeable trader of over 30 years. I understand the risks associated with these types of funds. Im a man. I can handle it.
Please do not add any regulations on leveraged stocks. And allow us to trade same as regular stocks.
To Whom It May Concern,
lETFs are an important part of my investment strategy. I understand the risks, and want access to these financial tools.
Markets move very quickly and have become more volatile than ever.
I would like to continue to have the freedom to make my own investment decisions based on whats right for my financial situation. I currently use the leveraged funds to hedge positions in the near to medium term.
It is one thing to protect the retirement assets of individuals from extremely risky or highly speculative investments but complete overreach to attempt to restrict investments in taxable accounts. You would be better focused attempting to level the playing field in our flawed public markets. Why have so many companies gone private? Why is the Fed allowed to so manipulate markets for so long? Correct the flaws and stop trying to control individuals behavior.
To Whom it May Concern:
I am very concerned about potential regulation of leveraged and inverse funds since this is my primary investment strategy. Any restriction of my right to invest as I deem appropriate will significantly impact my financial life, and provide no benefit to me, and potentially cause great harm. Freedom of choice is especially important in these turbulent times. This is as true with finance as it is for health. I strongly urge that you respect freedom of choice as this is a founding principle of our country that many have paid for with their lives.
While I appreciate attempts to protect investors, I believe that we need less interference in our free markets, not more. We should also acknowledge a regulatory agency grows it's own power by expansion of regulation. However, I believe such interference is definitively not in investors, or greater still, the American taxpayers best long-term interest. An attempt to protect investors from complicated investment choices by complicating administrative regulations seems a bit ironic.
This protects no one and just enables the wealthy to preserve their wealth. A totally ill conceived regulation. While I am not wealthy I use these vehicles to limit market volatility effects.
I am against the move to limit my investment choices. Why cant you leave us alone.