Min Kim Comment On Regulatory Notice 22-08
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
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I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
This is an anti-democratic move that will only protect those who are already extremely wealthy and comfortable. Stop it. We are citizens; we can all participate in the markets how we want to.
Investors, not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
Please do not regulate my right to buy inverse or leveraged investments. Thank you.
Cease-and-desist.
Leverage and inverse investment products are a rational and efficient addition to many portfolios. There are sufficient disclosures to assess risks. I cant imagine these investment types are generating any legitimate concern from regulators when there are so many riskier, less scrutinized investments available in the market. Please protect markets and save taxpayers some money by firing the regulators that have time and ignorance or maliciousness to propose such an absurd restriction.
Dear Mr./Mrs.,
It would be a grave mistake to limit leveraged funds to only a select few. Such practice would simply push individuals to trade on margin in a more risky/less controlled manner. By only allowing leveraged funds for professional traders or wealthy individuals you take financial tools out of the hands of the common person. This will make it even more difficult to provide counterweight to potential malpractices of the wealthy few.
As an investor, I believe that I should be allowed to invest in products and take it upon myself to determine how best to invest my money.
I understand your desire to protect investors but you really cannot stop inexperienced people from gambling in a casino or buy penny penny stocks or high risk SPAC IPOs or Mime stocks. Let free market teach the lesson and let not the government regulate. Ok to regulate to some extent the retirement accounts but non retirement accounts should not be regulated. You may regulate some ETFs like TQQQ which are leveraged by you cannot regulate investors from trading options which can be even worse.
Leverage ETF provides mechanism for individual investor like me who has access to limited capital but still can make significant more money.
Investor are very much aware of that these are riskier Bets so are options, equity market as well where NVDA, AMD, FB, NFLX, RIVN, SQ, SHOP, SOFI stocks can loose 50% to 80% value within a span of 12 months. It is up to individual investor's wisdom and understanding to invest wisely.
Leverage ETF are Great way to make an impact if invested wisely.