Michael Bell Comment On Regulatory Notice 22-08
This is a horrible idea. I can choose my own investments. Let me decide my own risk for my own investments. This is severe overreach. Do not do it.
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This is a horrible idea. I can choose my own investments. Let me decide my own risk for my own investments. This is severe overreach. Do not do it.
I need to be freely invest my money at my own decision/risk. Do not ever attempt to intrude my freedom.
We live in a free country and should be able to continue making public investments as what is good for me. I am retired and should be able to make investments as I choose. It is my money not the governments money and not for legislators to decide for me.
Please do not limit/restrict my ability to invest in leveraged / inverse funds. They are an important part of my family's broader asset allocation strategy and restricting their usage would hamper our ability to meet our investment goals and objectives. This should be a decision made by my family, not the government. Thank you for your consideration.
Stop another power grab by big banks! Position sizing and trade stops are the main ways to reduce risk. Where is your support on those tools?
All the regulations will do is to give exclusive access to special entities, that could enrich themselves or re-sell the same investments as a "service" to individual investors.
No thanks.
I should be able to choose the publici nvestments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
I am OPPOSED to regulate of investing leverged funds.
Please keep the markets free. All stocks have risks and rewards. Please allow investors to do research and calculate these risks ourselves. This is not an unlimited leveraged risk.
If you regulate this, then you should regulate all stocks.
I DEPEND on trading leveraged ETFs for my livelihood. In fact, it is my only source of income since I am disabled and unable to work a regular job. If you take away my ability to invest, you take away my ability to survive and earn the necessary income which I need to live. It's that simple. Please STOP trying to "fix" something that isn't broken. Leveraged ETFs work fine...just the way they were designed to work. I know the risks and don't need you to decide for me what I should and shouldn't invest in.
Please don't limit my ability to purchase certain funds. Autonomy is important to my retirement income.