James Crossen Comment On Regulatory Notice 22-08
Fredom to freely invmust be preserved.
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Fredom to freely invmust be preserved.
To whom it may concern:
Leveraged funds are vital to responsible management of my family's investments. I've been tasked to safeguard our family monies and this responsibility has taken on extra urgency since my father died and my mother experienced a major stroke.
I have used SPXS as an insurance policy against a major market downturn. Certain external risk factors -- Putin, Climate Change, political unrest, widespread famine -- make this approach vital, given our limited assets. This fund enables a very low risk means of protection.
Please do not remove my ability to use these types of investments. I fully understand the risks as do any others I have spoken to about them.
As an experienced non-accredited investor, I am totally opposed to limiting my investment options. Some of my best investments this year are on the list: commodity funds, managed futures funds, private REITs, etc. While stocks and bonds have performed very poorly in 2022, these investments have hedged some of my portfolios and actually perform well in an inflationary environment. Please do not limit our investment choices.
I am capable of making my own financial decisions!
Individual investors should be allowed to invest in whatever they choose to invest THEIR hard earned money in. Limiting the availability of investments to whatever the government decides is capricious and poorly thought out. This is also a violation of constitutional rights in particular as it relates to the first amendment. Our constitutional freedoms are not just limited to speech, religion and happiness.
Keep this please - we need more empowerment. Please focus on other areas where there daylight robery.
Our individual right, and freedom to invest, like all other rights and freedoms, should not be impeded by our public servants no matter how "well intended" the cause.
Please keep investing a matter of freedom of choice. Do not allow government regulators tell me what I can or cannot invest in or when, where and how. Keep America free.
Let me blow up my account if i want. i dont need the government keeping me from doing this