Harold Crowe Comment On Regulatory Notice 22-08
It's supposed to be a free country what the [REDACTED] does regulation need to be involved just stop.
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It's supposed to be a free country what the [REDACTED] does regulation need to be involved just stop.
We do not need further regulations on funds which can be invested by normal people. Further limiting parties who can invest in these funds removes opportunities for investment equality as well as potential economic growth. Any stock market investment should be considered for risk. There is already significant notifications as to the additional risks involved in a leveraged fund. Please do not add further barriers to trading for normal people. That in itself could negatively impact the performance of these funds.
Just some more [REDACTED] heaped on the American People by the left and the SWAMPRATS!THUMP 2024 SAVE AMERICAN AGAIN!!!!!!!!!!!!!!!
I am currently an investor in leveraged and inverse instruments -- these are an important part of my investment strategy. Yes they require some extra work to understand, but they have proven to be a successful investment strategy for me. I do not think you should be regulating access to these vehicles -- the more you restrict access to vehicles like this to "priviledged" individuals, the more unbalanced the financial markets become. Force the right disclosures (which you already do) and then let the market function the way it is supposed to.
Regulators,
As a free people, we require the ability to invest without your added controls. You are over-stepping your assumed powers. WE THE PEOPLE are in control. Your choice to control us will lead to our countries ruin.
It poses a severe threat towards market fairness. It's like preventing people from skiing because it's dangerous, but except the rich ones. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
I oppose the proposed new regulations for inverse and leveraged funds.
I support new restrictions on speed trading. why should a few specialized traders that do nothing but make trades based on the speed of execution be allowed to influence security prices and clog up execution for legitimate trading.
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 shouldn't have to go through any special process like passing a test before I can invest in public securities. I am capable of understanding my investments and their risks. I do not need
these measures imposed on me.
Our government has done a crap job at regulating our economy and the US dollar. Please don't help our crypto, you'll screw that up as well.
I currently use inverse ETF's to hedge my retirement stock portfolio. As a result of this hedging during 2022 my portfolio has dramatically outperformed the overall market. I do not find these ETF's difficult to understand as they seem pretty straightforward to me. Please do not take this ability to hedge away from me.