Nina Levent Comment On Regulatory Notice 22-08
Leveraged and inverse funds are important to my investment strategies. OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
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Leveraged and inverse funds are important to my investment strategies. OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
Regulators should not be involved in an individuals ability to risk their own capital especially when a registered advisor is not involved
I oppose any restrictions that would limit or prevent my ability to trade leveraged or inverse funds as part of my investment and trading strategy. These instruments provide a means to hedge investments in volatile market conditions. Investing in the market in general requires accepting a certain level of risk and I understand the risks associated with leveraged and inverse funds. Therefore, I do not want or need additional restrictions implemented for these instruments.
I strongly believe that I as an investor should be able to choose the public investment that are right for me. I should not have to go through any special process or test before I can invest in public securities like leveraged and inverse funds. I found leveraged and inversed funds are important to protect my investments when stocks went down, I can leverage the loss with inverse funds. When the market on the downtrend, the inverse funds help me to gain my retirement funds. I hope FINRA will consider my request
I 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 use these funds to protect (hedge) my investments when I see risk coming into the market.
I not regulators should be able to choose the public investments that are right for I 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, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies. I have to able to hedge my portfolio in this risky environment.
Why is the government getting in my way to trade with my own money? Shouldnt the government simply be concerned with making sure that the public companies provide the most accurate and relevant financial data in a timely manner, instead of assuming that I am stupid and a bad steward of my own finances and feeling the need to create more regulations?
I am a retired college teacher and have been managing my own investments for over 30 years. I am quite capable of learning about and choosing the investments that are best for me. All investments should be available to all people, not just the privileged few. I was able to retire because I had access to all kinds of assets to carry out specific strategies in varying market conditions over the years. No tests or restrictions are needed. Don't fix what isn't broken!
Please do not proceed with deciding for me what investments I should and should not make. The kind of restrictions you propose for leveraged and inverse funds are vital for many investors, including me, to balance out our risk in a in an overall portfolio. Even "rocksolid" companies can be risky e.g. Lehman brothers, Washington Mutual, Enron etc. We need the flexibility to counteract possible negative results in some sectors/shares by investing in alternative and even contrary investments. In summary, please don't decide what is best for me - let me do that.