Sam Bilbo Comment On Regulatory Notice 22-08
I believe it is important for these types of investments remain available for the public to invest in. They act as a great hedge
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I believe it is important for these types of investments remain available for the public to invest in. They act as a great hedge
It's outrageous yet not surprising that regulators would want to prevent ordinary people from being able to invest in inverse funds - right when the market is going bear. In a word it's another attempt at cheating to favor the wealthy over main street by reducing the little guy's ability to have the same opportunities to gain from loss that bigger funds and investors have. Fair play means an even playing field. Public investments should be available to ALL the public.
Leveraged and inverse funds are crucial to everyday retail market participants for investment strategies, and provide a means to keep up with shifts in the marketplace. Their availability finally evens the playing-field between professional entities or computer algorithms, and the general investment public, and to restrict individuals from availing of them would be contrary to the public good. I urge you not to further widen the disparity between us everyday intelligent retail investors, and the privileged professionals.
I opposed this rule. I want freedom to be able to invest. Leverage funds are important to my strategy. I should have the rights to invest in these funds without any special process
Do not over regulate leveraged funds.. I oppose this proposal completely..
What's next,. Can only buy government sponsored mutal funds? What's threatened is my ability to combat massanagmet by federal reserve policies that cause a market that is insanely overvalued and leave me only the opportunity to invest in Treasuries that have negative real yeilds. It's ok for people to buy lottery tickets or goto Las Vegas but ETFs are irresponsible? Clearly the underlying problem is not the vehicle but the drivers.
This proposed rule is despicable. It demonstrates gross negligence by FINRA reps
This is America, we enjoy freedom, and free will, and the freedom to choose the investment products we think will best fit our needs. Do not remove leveraged ETFs or I hope you lose a lot of business.
As an investor for over 50 years, I am strongly opposed to this proposed action. Leveraged and inverse funds are essential to my investment strategy. The market does not always go up. Private investors need access to affordable hedge tools in order to protect and insure the wealth they have accumulated. The ultra rich do it. Why would you restrict my access to this important strategy. I do not need government protection which essentially becomes a means to control and restrict my investment activities.
The government should have no role in limiting an individual's ability to invest their money how they deem fit. We do not need "big brother" to protect us from ourselves. Markets work best when they are NOT manipulated by Washington politicians and bureaucrats. It's bad policy to limit any person's ability to lawfully make money, especially when big-money lobbyists (i.e., former Administration and Capitol Hill staffers) have every ability to enrich themselves with special access and favors. DO NOT limit our ability to invest money.