Vijay Mehta Comment On Regulatory Notice 22-08
I oppose to the proposed regulation because it curtails my freedom to invest and freedom to chose investment as per the best of my abilities.
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I oppose to the proposed regulation because it curtails my freedom to invest and freedom to chose investment as per the best of my abilities.
The market needs a diverse demographic of investors to keep the demand of the diverse stock the market has to offer. This is not an intellectual law to enforce by any regulators of any kind. This is completely from a tilted state of mind to even propose this.
Every man and woman needs to be responsible for their own choices. It's up to them weather they want to take risk or not. The government can't even keep social security solvent for the next 50 years or balance a budget, they have no business telling us how to manage our finances. maybe if there was some financial risk management and retirement investing taught in school this wouldn't be an issue.
I stand in opposition to any proposed FINRA regulations that would prohibit me from purchasing or owning inverse or leveraged funds. Further, I oppose any attempt to create a special process such as passing a test before I can invest. After all, they are public securities. These products include extensive disclosure documentation which is more than sufficient to warn of the potential risks of such products. Regulators should not be empowered to restrict an investor from purchasing, selling or holding these products in any way.
It's important for these markets to be driven by real people. As lay investors, we have a right to form our own informed opinion of risk and benefit when investing; we don't need regulators to stop us just because they think a product is too risky.
I am strongly opposed to any regulations that restrict my ability to buy or sell any form of financial security. Only I truly know what is best for my financial stability and what I am and am not able to participate in. Financial advice is one thing, and I am always open to such, as well as additional education and training, but at the end of the day I should be free to make my own choices when it comes to how I use my money, and what investments I make with it.
Inverse funds can be a valuable adjunct to long investments!
Leave it up to the individual to make investing decisions, without the government limiting our options.
We are adults who can make our own decisions, and this needs to remain a free country! It's an unreasonable restriction to make a person have to prove he is capable of making inverse or leverage investments. Long investments are also risky, and it is up to the investor to make his own decisions without the government interfering!
Leveraged Index Funds are less complex than the mutual funds non-accredited investors can purchase through personal brokerage funds. This is largely for 3 reasons: The fees are easier to understand, distributions and dividends are easier to understand, and returns are easier to understand.
Opposed to proposition
Hi, its not necessary for regular theres to get involved with peoples own financial decisions. Ive used inverted and leveraged ETFs for years and although sometimes there are losses in general I had great returns from them. It would be a shame if this opportunity for returns were cut off. Let adults decide how to invest their own money. We dont need the scolds in DC telling us what we cant do.