Doris Miller Comment On Regulatory Notice 22-08
Let the investors make their own choices! Regulators do NOT have the RIGHT or the AUTHORITY to deem what is an acceptable Public investments.
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Let the investors make their own choices! Regulators do NOT have the RIGHT or the AUTHORITY to deem what is an acceptable Public investments.
WHY IS IT OK FOR YOU TO GET INSIDER TRADING INFORMATION? NOT OK FOR US TO CHOSE OUR OWN INVESTMENTS?
Comments:
As an individual investor who relies on leveraged and inverse ETFs to actively monitor and manage short term trading strategies, these instruments are critical to compliment more conventional products while providing desired exposure to targeted segments of the market. Notably, leveraged and inverse ETFs also provide an effective means to hedge other more conventional positions. The risks associated with leveraged and inverse ETFs are clearly identified by their providers and do not require additional regulatory complexity.
I oppose restrictions to my right for investment, If I lose or
I earn the money this is my right. Also Nobody expect the future market in this volitile market, inverse stock possibly can mitigate the big loss.
Please dont make these changes
Please dont deny us the freedom to choose investments that could help us achieve our long-term financial security
I oppose ANY restrictions to my right to invest in any securities publicly traded in US exchanges, including leveraged ETFs and inverted ETFs.
I believe that the investors know more about his/her selections of investment than the regulators. The proposed special processes are just unnecessary and, frankly, a bit stupid ways to assume the investors are inferior than regulators.
I strongly propose the regulators to discard any and all efforts to try to impose such restrictions. If they do, it will be definitely challenged by an class suite of all investors in US.
Leave my investment options alone
I have been using inverse etfs for years including vxx and sh, etc and I understand them I feel i should be able to continue using them without taking a test.
I do not support additional requirements for investing in leveraged and inverse funds beyond what is required to trade options. I dont see how trading options is inherently a safer way to invest over leveraged funds.