Kathleen Darrah Comment On Regulatory Notice 22-08
Please pass this rule
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Please pass this rule
I oppose these regulations. I believe I should be able to choose which investments are right for me and my family.
The proposed rule presupposes that most people are Incapable of making informed decisions about their investing. It is tantamount to prior restraint on the right of individuals to determine for themselves what companies they will invest in.
I should have the ability to make investment decisions based on my educational and financial abilities. I dont need to spend additional time and money demonstrating how and why I want alternative investment vehicles in order to diversify my holdings. Furthermore, enacting this kind of rule creates further precedents for greater restrictions on how, when, and what type of investments are made available to the public, creating greater inequality to access in making my own investment decisions.
I strongly object to proposed restrictions on my personal investment options for our family's retirement income strategy, including buying leveraged and inverse funds. I'm quite pleased with and confident in my relationship with my financial advisor in this regard, and am very much opposed to the addition of new gates and hurdles in the process, no matter how well intended.
Don't do it.
I invest in Leveraged ETF Options as a strategy and occasionally in the Leveraged ETF's themselves. I have been doing this for over 15 years. I have achieved a net profit every single year since I’ve started using them regardless of whether the market is up or down. I strongly believe that I should be able to choose the investments that are right for me and that all public investments should be available for me to choose from. I should not have to go through any special process or pass any tests to invest in leveraged or inverse funds.
So basically [REDACTED] the little guy and only give advantages to the wealthy! I smell lawsuits.
We are adults and capable of deciding what is a safe investment and what is not. I've traded leveraged products for a specialized type of trading since 2010. I have 51 years experience and resent government supervision.
Please don't put any more regulations/restrictions on my public trading rights. It just makes the whole process more complex than it has to be. Remember the old saying KISS ! Thanks, Joe