Damian Watson Comment On Regulatory Notice 22-08
IAMAGAINSTRESTRICTIONSONMYRIGHTTOINVEST. We shouldbefreetochoosetheinvestmentsthatarebestforus. Allmembersofthepublic,notjustthewealthy,shouldhaveaccesstopublicinvestments!
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IAMAGAINSTRESTRICTIONSONMYRIGHTTOINVEST. We shouldbefreetochoosetheinvestmentsthatarebestforus. Allmembersofthepublic,notjustthewealthy,shouldhaveaccesstopublicinvestments!
Enough is enough give us our freedom's back the right to the free market is fundamental to this country's history yes history please stop intervening regulating or taxing and that's all regulation is an additional tax please please stop And let the free market reign.
Your government ideas already has me blocked from making logical investments. I think it is terrible! Like it or not there is a kind of zero balance between plus and minus, ie. buying and selling of investments. A person should have the option of investing based on ones expectation of events and their potential finance effects.
ProShares offer a choice to investors. Disclosure of risks associated with ProShare's ETFs are well documented. Communication is regularly provided and easily reviewed by the public at large. Introducing illiquidity to the marketplace does not benefit existing shareholders and rather hurt small investors like myself. I currently invest in leveraged funds to take advantage of short to medium horizon opportunities when market stresses occur. I do not want to take margin debt when such opportunities occur.
Individuals should have their freedom to choose what to invest.
Please concentrate on eliminating digital currency. Not only is that a con, it is also environmentally ruinous.
Regarding leveraged funds, I am aware of the risks.
I should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged. Please stop your overreach!!
I fail to understand why this issue has resurfaced. I do not feel that I need financial advisor or someone to protect me from myself. This very dangerous territory. If I should not invest in inverse or leveraged funds, maybe I should not invest in start-ups, or penny stocks, or any stock that does not meet with a regulators political opinion. We have far too much WOKE control now.
I have used inverse funds in the past to preserve capital and to stay in the market by hedging against other stocks which I do not wish to sell in a decking market.
I should be able to choose the public investment on my own risk and I should not be restricted on proshare investment. I have been studied and invested in proshare. I have knowledge on my risk managment, and leveraged investment can help me progress my portfolio.
This is extremely disappointing that I could be limited in making choices on investments simply because some people who do not know me decide that I must prove I am capable of making certain "risky" investments. This sets a dangerous precedent and I think will contribute to allowing other controls over retail investing that ultimately benefits the large institutions and regulators most.