Raul Pages Comment On Regulatory Notice 22-08
My money, my judgement
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My money, my judgement
Please do not take any actions to undermine my ability to invest
Public securities can not be considered public by restricting access to only a certain few. Leverage and inverse funds have been crucial to hedging beta risk during periods of high volatility in my portfolio. Building wealth has become hard enough for younger generations, and adding more barriers to entry past vanilla etf's, mutual funds, or single stocks disincentivizes building equity through public secondary markets.
We need the freedom to invest for our retirement years. Do not limit us please.
I oppose the proposed restrictions on my right to invest. I have been investing in such investment products for more than 7 years and I fully understand the price fluctuates more at the same time these products have given a lot higher yields than the traditional index funds. I oppose these proposed restrictions.
I, Ronald Foltz object to and oppose your unnecessary and potentially intrusive legislation attempting to regulate, reduce and/or eliminate my ability to choose how, when and where I am able to invest my own money earned and subsequently with taxes removed. Im a blue collar worker (a truck driver). I work hard and a substantial sum of hours for my money. I already devote a fair amount of time to studying potential investments in an attempt to allocate said money into resources available for my investment so as to maximize the potential for a reasonable return.
Please make materials and caveats available to investors instead of restrictive regulations. Knowledge and initiative trump creeping paternalism in government regulatory agencies burdening investors.
I don't believe the regulator body's purpose is to decide in what I should invest. You should have broad standards that investment vehicles should meet but that is about where it ends. Leveraged instruments have unique risks but I use them with respect. You cannot protect every stupid mistake people can make and still have freedom.
Then only politicians will be able to invest as they please. Just like now! ! !
I, not regulators, should be able to choose the public investments that are right for myself and my family. Furthermore, I do not need regulators to impose restrictive measures. Leveraged and inverse funds are important to my investment stragegies.