Dawn Broadbent Comment On Regulatory Notice 22-08
Continue in your endeavors to find the truth and obtain justice.
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Trading leveraged/inverse funds has been a boon to my ability to hedge upside and downside risk without the complexity of options. Also, through products like SARK and SQQQ, I am able to hedge against downside risk without margin.
I think smaller traders like me will lose a lot of flexibility if unable to trade leveraged/inverse funds.
Fidelity already shows comprehensive warnings about trading leveraged funds and requires a phone call to enable trading of inverse funds.
Are they doing some radical stuff like bringing back regulations that were put up to prevent another Great Depression? is the problem that we don't understand our investments and their risks?
Investing in crypto and the many wonderful new products coming from it should not only be for accredited investors :)
Please do not restrict our access to these funds. They are useful for hedging when used carefully.
I am against any regulations set by the government that keeps me from making investments. I should be allowed to choose public investments that is right for me and my family.
Having to take and pass tests to purchase cryptocurrencies or any other securities.
I know that leveraged ETFs are risky but we understand the risk. I enjoy having choice and diversity in my investments.
It is important to allow the free market to stay free. Restricting retail investment simply make them view the market as rigged and they well In the long run stop investing all together.
Its beside me that instead of looking at the bigger picture the sec wants to take action against freedom of finance. Meanwhile hedge funds are allowed to run rampant. What they do is illegal and should be under investigation. Thank you for considering my comment in advance.
Being able to invest in a variety of different securities is essential to my financial security. I want to have the freedom to invest in funds such as BITO.