Anthony Beckermeyer Comment On Regulatory Notice 22-08
It is God Himself that gives us the abilities to gain wealth and it is government's role to protect our God-given rights and freedoms.
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It is God Himself that gives us the abilities to gain wealth and it is government's role to protect our God-given rights and freedoms.
Again, regulators who do not know me AT ALL want to make serious, critical decisions about my financial needs/wants. WHY??? Please, let me decide what investments are right for me and make sure, continue to keep ALL public leveraged and inverse funds/investments available for everyone. Isn't is a good thing I want to be a secure, self-supporting, productive citizen of society? It benefits me, you, and especially society if I learn about, know, and use public leveraged and inverse funds/investments to secure my financial future.
Keep personal investment choices free from overwrought government regulations. Do not limit individuals from investing their hard earned money as they see fit.
Dear Sir/Madam, I oppose any restrictions to my right to invest in cryptocurrency funds or other popular investments deemed to be complex. As an investor, one should understand the risk with any form of investments but have the rights to select all available assets to invest in. Thank you.
I object to adding regulations that will limit my ability to invest in securities of my choice ( or require additional hoops to be passed). I have been using leveraged and inverse securities for many years and this makes no sense.
PEOPLE HAVE THE RIGHT TO INVEST ANYTHING WHAT THEY WANT. THIS IS OUR FREE COUNTRY .
"However, important regulatory concerns arise when investors trade complex products without understanding their unique characteristics and risks." Like the complex derivatives that the large financial institutions created leading up to the Global Financial Crisis and collapse of the housing bubble? Until you remove the ability of institutional investors to be excessively leveraged with margin and create complex risky derivatives in the financial markets, all of your 'protections' for the individual investor cannot be taken seriously.
To FINRA regulators, I've heard that you are considering to potentially deny me the freedom to choose investments that could help me protect my investments no matter what the market conditions are. The ability to purchase hedges allows me to keep my long-term investments intact and if you decide that I don't have the knowledge or skill to use them then perhaps you'd like to tell me how I should invest? There are a number of warnings and disclaimers already made present to me when purchasing any type of asset class and I know it is my responsibility to manage risk.
Please ignore comments solicited by organizations like Let Everyone Invest using ads which use scare tactics and content-free vagueness to drum up what looks like support from folks who don't know better.
I use the leveraged and inverse funds to hedge my portfolio. It is much cheaper buying etf's than buying put optioins.