Pritkumar Patel Comment On Regulatory Notice 22-08
Dear sir/madam,
I understand the risk of leverage and inverse etf trading or buying for my account. So please let us keep trade or buy.
Thank you
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Dear sir/madam,
I understand the risk of leverage and inverse etf trading or buying for my account. So please let us keep trade or buy.
Thank you
I am against a notice from March 8, 22 to buy funds offered by ProShares. You shouldnt prevent or restrict investors ability to buy the funds. If they want to make a profit and pay taxes on it - its good for the country.
If available to any then it should be to all. Investors understand risks and do not need regulations to protect us.
do not limit my investing
It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
I should have my choice to decide what to invest in and not to invest in.
It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
Hurts Investors: It could potentially deny you the freedom to choose investments that could
help you achieve long-term financial security.
Is Arbitrary and Unworkable: FINRAs definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities. Tests or
It poses a severe threat towards market fairness. It's like locking people in home because of Flu. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
I am not an institution, but I believe that if the power of options and futures is available to retail investors, so too should leveraged funds. Im sure there was opposition to index funds when the first came out, and Im sure this is a similar situation. I agree one should check a box stating they understand that the fund they are about to buy is leveraged and subject to volatility decay; but they can still buy it. Limiting our freedoms to take risks and strive for success goes against everything that is American.