HB Comment On Regulatory Notice 22-08
These products are clearly labeled as risky and requires a written consent to trade already. Let people and cats do what they want to do with their money.
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These products are clearly labeled as risky and requires a written consent to trade already. Let people and cats do what they want to do with their money.
Warning: Rule #22-08 is currently the subject of a deceptive advertising attack. Let's play "which of these is not like the others": * Target Date Funds * Funds using cryptocurrency futures * Reverse Convertible Notes * Volatility-Linked Funds The answer is "Target Date Funds". I don't use this, I don't intend to use this; but it's an old tool that's well understood and is being used as the first item on the list of the advertising campaign. I read the actual rule and could find no rule opposing. I could guess the why and the why might be "funds selling short" are the actual target here.
I am against regulation of inverse funds such as Proshares PSQ and SDS.
This proposal is is limiting to the individual investors. Not allowing investors to access derivatives of the market does not allow for a fair playing field. Investors must be made aware of risks and accept them. Having a level playing field with large investors, real money investors, hedge funds and others allows people to hedge their investments like larger investors. Being able to protect money on the downside and participate on the upside only allows investors a way to mitigate risk. This is another proposal that will make the playing field more lopsided to institutional investors.
Stop trying to keep people from making money while you line your pockets with our tax dollars!
Please do not restrict my access to public investments. I know what I'm doing and the risks involved. This country was not built on a nanny-State but ordinary people who made sound judgements to make their dreams come true. Thanks.
Do not change the American dollar to Bitcoin.
Please do not implement this. A lack of flexible choices is the realm of 401(k)'s. We're already constricted enough there.
Our savings in the form of 401k's and so forth gave been severely impacted by federal govt policies. Social security is being placed on the chopping block by Congress. We face unprecedented inflation and federal deficits. It is vital to the economic survival of working and middle class people that their investment options not be arbitrarily and unfairly restricted by an overreaching, misguided and socialist federal govt that is unconcerned about the economic hardships being faced by millions of Americans largely as a result of poor and out of touch federal policies.
Options and other potentially complex investments represent one of the only ways that those without means may change their lives. Blocking everyday people from such channels is tantamount to constraining them to lives of poverty and lack. Why should only well-off people, often those who were merely lucky enough to 'win the birth lottery', be allowed to better their lives? Why should everyday folks be burdened with more risks and less opportunities to hedge than those who can afford to lose the most? How does that advance your mandate?