Jonathan Payne Comment On Regulatory Notice 22-08
It just seems that regulators only want hedge funds to make any real money.
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It just seems that regulators only want hedge funds to make any real money.
I oppose these restrictions on leveraged and inverse funds. I should be able to choose public investments that are appropriate for my investing style. I should not have to go through a special process such as passing a test to be able to invest in leveraged and inverse funds. I am very capable of understanding leveraged and inverse funds and their risks. These types of funds are very important to my investment strategy and are extremely important in a down market.
This proposed rule is an infringement on investors' freedom to invest in whatever they want to. Investors (not regulators) should be able to choose investments that meet our needs. The FINRA better not move forward with this regulation as investors are not in favor of this. No investor should have to go through special classes or processes to invest. Investors have the ability to assess risk, etc. and do not need the FINRA babysitting our investment transactions.
Leveraged and inverse funds are important to my investment strategies. I will take the risk if I decide to purchase a suck kind of product. So there is no reason to forbid us to have more choices.
I should have the right to buy cryptocurrency.
Public investment should be available for everyone, I should not have to go through any special process or a test in order to invest in public securities
Please do not add more regulations and disrupt my right to invest. Bank interest rates are so low that the only way to make any real return on your investment is to invest in the free market. This should not be limited to the super wealthy or a game for tax brokers and their fees.
Comments:I'm an experienced investor. Over 60 years investing in common stocks. Please allow. I only use leveraged elf's a few times when markets are out of balance.
Thanks you, James Goss
A high net worth individual with brokerage firm classification of some degree of sophistication should not have to fill in extra paperwork to indulge in a speculative investment.
I am not averse to getting information such as that given for options. It's information that should be in the hands of investors, but what is intrusive and unnecessary is regulatory approval.
Comments: Disallowing retail investors the opportunity to hedge their portfolio with appropriate leveraged products is just another way of keeping retail investors from the many available investments that are out there for institutions. Allow us the opportunity to invest where we want, stop limiting our investment options it should be on the investor to decide and do their own due diligence on their investments.