Veer Karri Comment On Regulatory Notice 22-08
Stop un necessary regulations
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Stop un necessary regulations
I strongly oppose any restrictions to my right to invest the way I see fit for my family!!
Reject proposed rule as would limit investors abilities to hedge their investments against mkt downturns!
Hi SEC, I am a regular investor, investing myself for my money growth to help my family. The 2x and 3x leveraged ETF's give me a brilliant way to carefully craft my strategies for investment needs. I use it very carefully with proper hedging and fully aware of the risks of the downside. It would be pain to see these products go-away from the marked for individual investors like me who is fully aware of the risk and use it carefully when appropriate with proper mitigation.
I'm a former registered investment advisor and was on the board of the National Futures Association as a CTA representative on the self regulatory body for the futures industry. I also served as an arbitrator on cases where clients were suing their futures brokers. In my experience over 45 years of trading, investors in the US have been handicapped in providing themselves strategies and products that can be used to mitigate risk or use to capture a return stream of their choosing. I have seen a steady flow of regulations over the years that give investors a false sense of security.
I am opposed to the regulation limit leveraged investments and inverse funds. I use them successfully in my personal portfolio and should not be hampered by your regulator imposed restrictions. Who are you to limit free market investments by anyone. It is still our money at this point. Keep your hands and legislation out of our lives.
Im a former options principal .. a Bachelors degree in economics and 30 years in banking and investment banking
I have been using leveraged etfs for a long time successfully. If you have educated yourself about the risks and have they work, they are very safe to use. The government should not make it difficult for investors to use these tools that have proven to very effective as a part of a multi prong trading strategy.
I oppose regulations proposed by the SEC in 2019 and ask to stop a new, radical and unprecedented threat by regulators that could put my right to buy leveraged and inverse funds at risk.
I don't agree with limiting investors choices in regards to which funds can be invested in, especially in regards to inverse market funds. It's my understanding you intend to enact measures to restrict investors rights to invest in these types of funds if the investors don't meet certain criteria. I believe strongly that investors should be allowed to make their own choices. I don't believe that it is the right thing to do to restrict access to these funds.