Jay Robinson Comment On Regulatory Notice 22-08
Do not over regulate leveraged funds.. I oppose this proposal completely..
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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.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. Myself and the public are capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my investment strategies. I do not need these measures imposed on me.
This rule is so un-necessary. Leveraged and inverse funds are extremely important to my families investment strategy. I use hedges and stop losses and paid advice from investors with over 30 yrs experience to carefully manage these funds. These are a small but very important part of my portfolio and it makes no sense to have to pass a test to make these well thought out and previously successful investments. I very much oppose this ruling. Thank you for you time.
Like free market, free speech... some will get hurt some will benefit greatly we don't need big brother making those decision for individuals under the guise of protecting the consumer ... Let individuals make their own investment choices that fit their individual needs or just choice.
I invest in leveraged inverse ETF's in my in my IRA. These investment vehicles allow me to manage the risk in my account.