DeEtte Moon Comment On Regulatory Notice 22-08
Protect our right to make our own choices.
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Protect our right to make our own choices.
My opinion is options contracts are far more inherently dangerous for inexperienced investors. I believe leverage funds have gone to great length to explain their products and cost and inverse funds can help mitigate downside risks in a portfolio. Neither leverage nor inverse inhibit what the market is designed to do: price discovery. Index funds also skew the market but are fantastic investment products. Caveat emptor or a fool and his money...
This is a big overstep. Leveraged funds are a safe and good investment tool. If you are concerned about complex investments, options should be addressed first. Too many inexperienced investors get into options and lose the money they have invested. That needs to belooked at and further regulated first.
ProShares, a purveyor of leveraged ETFs among other "complex products", is canvassing its shareholders to submit public comments here. I am one such shareholder, but personally I'm glad that FINRA is helping to protect investors from the pitfalls of complex products, which, as the notice rightly states, can be dangerous to the uninformed.
Its my money my right to invest in any thing I want that how it works in a free country
In a free country one should be able to invest in what they choose.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
I should not have to go through a special process or be subject to other governing agencies for investments I see best for my financial situation
Cut out the babysitting. What part of free market is going over your head? Do something useful like preventing selling short more stocks than there are in the float. Do something useful like regulating corruption in businesses. Do not take my rights away because you were given the idea by a nice dinner with some lobbyists.
It's my money and I should be able to invest it how I desire! All investments are at risk! Other instruments do not require such ridiculous proposed mandates which limits a U.S. citizen's ability to invest. This is a travesty to have government dictate who can invest in which instruments based on knowledge, wealth, and permission from his/her financial advisor. Please vote against this proposed rule and allow all free people of the United States to attain wealth and/or financial security via a variety of investment opportunities without limitations.