Mike Montague Comment On Regulatory Notice 22-08
You should be able to invest or spend your money any way you wish freedom of personal property!!! Any trying to remove that right needs to be in prison for life!!
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You should be able to invest or spend your money any way you wish freedom of personal property!!! Any trying to remove that right needs to be in prison for life!!
To Whom It May Concern, I am greatly concerned about any additional cost further regulation and compliance will have on complex trading products, particularly leveraged ETFs. I am concerned about additional regulations which may increase the time it takes to get approval for trading complex products. I purchased leveraged ETFs on market indices, however there was five years of research in search of the products which would allow me to do so with minimal cost and max gain. I am concerned regulation and compliance will hamper my ability to invest and divest my positions.
please don't proceed with this proposed regulation. the sorts of investment vehicles targeted have proven extremely useful for me. when properly used they allow more finely focused, targeted investments, as well as a way to hedge investments. there's plenty of info currently out there about them already for anyone considering using them, so no need to add more requirements. thank you. -james bell, small investor
I find that leveraged funds like the ones from ProShares, are safe and well-managed. Investing in the long-term success of the US market is an integral part of the stock market
Comments: Please do not limit or effectively make it impossible for small investors like myself from using leveraged ETFs. Im knowledgeable and your materials on the subject are enough for informed decisions. I vote, I pay taxes, I live a modest life, I deserve the right to invest in all available legal investment products.
I do not want the government intruding in my right to invest my money as I see fit. This includes, as part of a very balanced portfolio, minimal exposure to one leveraged index fund. Any politician who tries to take that away, come next election I will work to unseat you.
Myself, not regulators should be able to choose the public investments that are right for myself and my family. Public investments should be available to all of the public, not just the privileged. While people will make mistakes, that is on them. People can flush money down the toilet in many different ways so stopping them from investing just limits their ability to make a huge upside as well as take away their freedom from public companies
Please stop these lowest common denominator type rules. They ruin the ecosystem and don't provide the intended relief and benefit.
Leveraged index funds are similar to buying individual stock in terms of risk. If leveraged index funds are taken away, then investing in individual stocks should be as well. Members of the public do not have to go through any special procedures to buy publicly traded stock, nor should they have to for leveraged index funds.
Please do not impose excessive restrictions on ETNs and other exchange traded products