Robert Decker Comment On Regulatory Notice 22-08
It is my opinion these instruments are useful, safe an04d should remain as they are. A certain amount of education is required to use them, but that is up to the investor to seek.
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It is my opinion these instruments are useful, safe an04d should remain as they are. A certain amount of education is required to use them, but that is up to the investor to seek.
Me - not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that I am capable of understanding leveraged and inverse funds and their risks.
I oppose restrictions on your right to invest in public investments
The government needs to keep its hands off our liberties and freedoms. I will contact my congressman to limit the power of SEC over reach. Leveraged ETFs are a vital to my family's investment strategy. We do not need the SEC to protect us from ourselves.
This is a fair and free market that should allow the people to invest freely. The collusion we have seen within both congress and the senate without accountability is a contradiction to what you are trying to do to the people you are supposed to protect and represent. I do not need to qualify in order to invest, as a tax paying citizen of the U.S.
Please don't hurt the little guy by removing these valuable tools that enable small investors, at very low cost, to protect our nest eggs against big drawdowns. Big investors have ready access to these sort of tools, but as a small private investor I won't, if you remove these from the marketplace.
Year after year, as I find ways to increase my net worth and diversify my portfolio, regulators seem to step in and take away more and more tools from my personal finance toolbox. It's really frustrating and, with each new regulation, it seems as though only the currently wealthy and high net worth individuals are able to pursue high risk/high return strategies. I understand the risks and only pursue these strategies with money that I can afford to lose. There is no difference between investing in a leveraged fund versus investing in many individual stocks these days.
This is unwarranted, unjustified, and unnecessary. Investors should be able to make their own decisions about what they invest in, and when, and how. Fund family vendors provide all the information necessary about their product(s) to let any investor who TAKES RESPONSIBILITY for THEMSELVES for their actions to understand clearly what they are investing in, and the risks inherent in that investment. This is going to HURT the very investors you CLAIM to be "protecting". Stop, stop NOW!
Do not restrict
I need the LEVERAGED AND INVERSE FUNDS during these few years. I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.