Paul Kim Comment On Regulatory Notice 22-08
Do not ban my rights to invest in leveraged ETFs.
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Do not ban my rights to invest in leveraged ETFs.
The inverse funds are a key component of my investment strategy and help me to profit when markets are falling. Without this strategy I would not be able to easily manage losses and be at the mercy of the market. It is imperative that these funds be available for me to assure that my investments dont crash with the market as they are my only source of income in my retirement. I use them sparingly and manage my risk appropriately. I this impossible to legislate free markets by limiting trading without causing irreparable harm to investors. We are adults who dont need a nanny State.
Whatch What You Decide About My Rights To Make Investments For My Future, Wealth, & Prosperity; Likewise I'll Take Care For My Decisions About Yours, & Don't Become Heavy Handed With What Is Mine, & I Will Not Become Heavy Handed With Yours !!!
I have invested for more than 10 years, and I understand the risk associated with the leveraged and inverse funds. I would like to have the ability to buy leveraged and inverse funds. I do not want any special process imposed on me. I am using these funds as part of my investment strategies.
Thank you for the proposed FINRA rule #22-08. It came to my attention when I saw an advertisement encouraging opposition to the bill from an obviously biased and hidden source (https://www.leteveryoneinvest.com). After brief research it seems to me to be a very valuable rule to keep small investors from gambling away their life's savings, and keep predatory firms from being able to trick people. Knowledge and education is the best path when investing, and this bills provides for both.
I use them to hedge my portfolios with tremendous advantage.
It is imperative that everyone be able to invest and make their own decisions. I totally disagree with this proposed rule and everyone I know that invest in their future feels the same way and will never go along with this !
I need my right to invest in leveraged funds
I believe in Choice of The People. Maybe it would be better to have more citizens and people who can be a participant in how it is tracked for themselves.
Gonna happen eventually anyways, why prolong the British agony.
I stand for US! Choice+
I not regulators should be able to choose the public investments that are right for me and my family.
. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, including cryptocurrency fund as BITO..