Saiprasad Ambatiprabhakar Comment On Regulatory Notice 22-08
we need leveraged funds for our investment
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we need leveraged funds for our investment
Let me make my own decisions, I'm not stupid.
I strongly oppose the regulation of types of investments I am able to make for myself and my family. This is the United States of America - we have the freedom to invest in the properties that we choose without special restrictions and without passing a test or having a minimum level of net worth and that should not change. I study long and hard before making an investment decision and do not wish to be limited in the types of investments that I can choose. Please do not pass this proposed regulation.
It's very simple, we live in a country of freedom. That freedom should include how we decide to invest or use our financial assets.
Please do not restrict my invest rights.
I NOT You theregulators 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.
Stay away from over regulation...
I do not believe any restrictions should be put on the way I invest MY OWN MONEY!. It is not the right of government or anyone else to tell people how should or should not invest their OWN money! Public investment should be available to all of the public not just the privileged. I oppose all restrictions on my right to invest in public investments.
I have invested electronically through Morgan Stanley's ETRADE since it's inception back in 1994. I live in NYC for 34 yrs & know all the public markets well. I have experience in FOREX (25YRS) & the same approximate history within the fixed income, stock & commodities markets. Trade in these US Equity markets is a FUNDAMENTAL AMERICAN CIVIL RIGHT. BARRING ANY US CITIZENS FROM CONDUCTING THEIR OWN DUE DILIGENCE AND MAKING THEIR OWN INVESTMENT CHOICES SHOULD PIT THE LEGISLATOR OF THE RESTRICTIVE LEGISLATION AGAINST ALL 350M AMERICAN CITIZENS.
FINRA should not impede retail traders. FINRA should instead regulate institutions to prevent them from taking too large positions all on one side as seen with so called "meme stocks". Institutions all have the same information, they all bet on the same side of futures and create volatility far in excess of their ability to cover positions.
Leveraged and inversely leveraged ETF are not complex products. They are more risky, but not complex. It would be great to keep current regulations unchanged when trading these ETFs.