Hal Vogel Comment On Regulatory Notice 22-08
This proposal is plain stupid...an attempt to destory free maket trading and giving control to Marxist burearocrats. Please don't restrict these types of funds.
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This proposal is plain stupid...an attempt to destory free maket trading and giving control to Marxist burearocrats. Please don't restrict these types of funds.
Rule should not be passed. In a capitalist market i should be free to choose my own legal investments. A regulator doesn't need to tell me which ones are right for me or which ones are risky. Put some responsibility back on the investor. I should not have to go through any special process to get approval. I use the inverse funds as a hedging strategy and important to my investment goals.
I am an American citizen, taxpayer and investor. I vehemently oppose any government restrictions of what I can invest in. It is my responsibility to determine what investments are correct for my family, not regulators. I do not need to have any special permit or passed an exam to make my decisions. I understand and have read the prospectus of the inverse and leveraged funds that I invest in. I understand them. I am retired and monitor my positions daily. I prefer these funds over investing directly in high flying stocks such as Tesla.
Stay [REDACTED] out of my life [REDACTED]. No one asked you know-it-alls to decide whether we should take certain risks or not. Mind your own business and leave us alone! Go see your kids ballgame and do something useful.
This is a very bad bill and clearly favors a certain population.
I use leveraged funds. They are important to me. No change should be made in the requirements.
As a retail investor, I am rather capable of making my own decisions in what I want to invest in. I do not need hand holding. Please do not restrict investors from investing in inverse funds. Nor should we have to jump through hoops to get permission.
I, not regulators or anyone else should be able to choose the public investments that are right for me and my family. It's my money and I and only I should decide what I can pursue with it. Public investments should be available to all of the public, not just the already rich or privileged. With every trade there is an inherent risk and this should be decided by me, not someone or some entity that does not know me, my goals, my risk level and so on!
We should be able to choose the public investments that are right for you and your family.
It is unconstitutional to restrict what I can and cant buy and how much Id like to buy. This rule seems to only seems to hamper smart retail investors. NO RESTRICTIONS WHATSOEVER!