Bumchang Kim Comment On Regulatory Notice 22-08
Hi,
I have known the Leveraged ETFs' risk and invest in those ETFs by my own decision and risk. Don't make limit to buy or sell that options.
Thank you.
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Hi,
I have known the Leveraged ETFs' risk and invest in those ETFs by my own decision and risk. Don't make limit to buy or sell that options.
Thank you.
This can not happen in a free democracy. People should have the unalienable right to make decisions for themselves
You are our representatives in Congress and the house, in the state, etc. Please do not tie your constituents hands on me should they decide to invest their money as they see fit. This is blatant government overreach. Its time this stops.
As usual change the rules when the stock market quits going up. Inverse funds help people protect assets during market corrections. Leave things alone please.
Discouraging investments would weaken economic activity which is something you would want to avoid even in the middle of a major economic crisis.
Hello,
I am not opposed to the idea of requiring some amount of education on leveraged and inverse funds, but I think it is critical that any retail investor be able to invest some time and clear the bar. The "demonstrate a high net worth" limitation is 100% inequitable. The education should be geared toward actually spreading knowledge and and should not be focused on prohibiting access.
Thank you.
Dear Regulators,
Individuals should be free to invest how they wish, without regulator claiming they know better. The legislation to ban certain types of trading to individuals limits their freedoms. There should be no expectation of tests, net worth, etc. The only requirement should be if someone has money, and wants to invest it. Leveraged funds and inverse funds are the only option for some people, since regulators already illegally limited ability for individuals to access options trading.
I am a CPA by trade currently working in the banking sector and have combined public/private experience of more than 20 years. I actively manage my retirement account as well as family fund. I hold bachelor and master degrees in accounting/finance and has been self-educating myself in investing over the years. I don't need a broker license or CFA title because I don't intend to work for other people in the investment industry.
I absolutely oppose this attempt to put controls on investments. As a retiree with little money I need to be able to invest to get the most return on my investments
To whom it may concern:
While I believe your intentions are to protect people from making unwise - or not understood - investments where they lose more than that can afford, I don't agree with it. I believe people should be able to choose the public investments they believe are right for them and their families. Public investments should be available to the public. Requiring special processes not only block access to these investment types, but also cost money enforcing them that could be spent on better things.