Dennis Levesque Comment On Regulatory Notice 22-08
Speculation works in both directions
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Speculation works in both directions
Leveraged and inverse fund are the best way to hedge against the swings. Do not give brokers more power over what I can buy. It's still considered my money...right?
I would like to keep buying cryptocurrency ETFs as its a less risky way to invest in cryptocurrency for someone as poor as I am.
I have successfully traded leveraged and inverse funds for years now. I understand the risks and benefits. I find it counterproductive in a free society to have a government preventing investments that aid in leveraging an investment account to individuals who know how they trade.
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged or those whom regulators arbitrarily deem worthy. I shouldn't have to go through any wasteful and inefficient bureaucratic process like passing a test before I can invest in public securities. The risks of leveraged and inverse funds are mine and are made clear to me through the fund managers and widely available information. I am capable of understanding leveraged and inverse funds.
No!!!!!!!!!!!!!!!!!!!!!!!
Comments: please let retail investors continue to invest in in Direxion products. I disagree proposing limiting access.
Investor should be able to choose the public
investments that are right for his/her own.
Public investments should be available to all of the public,
not just the privileged.
Please keep the freedom in investment. Investors should be fully responsible for their own decision on choices in their investments and should not be regulated. This is similar to the freedom in personal choice in education and employment. Both education and employment are major investments in peoples lives and no regulatory measures are imposed.
I should be able make investments of my choosing and accept the risk and the rewards. I know this is used to get the small investor out of the way!