Justin Coffi Comment On Regulatory Notice 22-08
What hard data are you basing this potential decision on? Has that data been made public?
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What hard data are you basing this potential decision on? Has that data been made public?
Many studies have shown that attempting to limit trading to only one direction in freely trading markets invariably fail. Generally, politicians love to jump on this bandwagon, largely due to their ignorance. Also, limiting flexibility through minimizing inverse funds that accommodate leverage will increase volatility, not decrease it. Do your homework.
This is a severe restriction on our freedom and can lead to many other restrictions that are unfair. I strongly oppose it!
Dear Regulators,
I am writing to request that you not impose restrictions on the use of leveraged or inverse funds.
As a personal investor, these products are an important part of my overall investment portfolio. I use a system of reactive rebalancing that employs some leveraged funds to enhance my returns and protect against market drops.
We can regulate ourselves !!!
Dear Regulators,
How else can you exclude me (us) from the chance to acquire some wealth?
I have managed my personal finances for decades and with much success, my investments, me not a broker, not a firm, but me/myself.
My ability to choose my course of action is mine, not yours. This is a capitalist society, why should you tell me where to invest. These are legal public options. Although, mistakes and losses could be made so are gains and returns.
This is so unfair.
We DO NOT need more government regulation. Let individuals make their own choices and risk
The government has no right to interfere in anyway with personal financial investments. This goes against everything American. Is this still a free and capitalistic country or are we converting to socialism? Please protect my rights as a citizen and taxpayer. Thank you.