Zhihui Huang Comment On Regulatory Notice 22-08
America is a free country. You can't block my trading preference. Do NOT block my leveraged and inverse funds. Go ahead to stop crypto currency first. Those are scam.
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America is a free country. You can't block my trading preference. Do NOT block my leveraged and inverse funds. Go ahead to stop crypto currency first. Those are scam.
The general public does not need handholding by regulators on what we can or cannot do with our own money. That is what free markets and freedom of speech is all about and this regulation is impinging on that right.
Leveraged and inverse funds are important to my investment strategies. I should be able to choose the public investments that are right for you and your family. 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.
I believe should be be able to choose my own public investments that are right for me and shouldn't have to go through any special process like passing a test before I can invest in public securities such as, leveraged and inverse funds. I do not want regulators to have these measures imposed on me since I am capable of understanding the risks of these funds. Leveraged and inverse funds help me protect my investments and increase my returns and I use them on a very small portion of my total portfolio. Thanks for listening to my thoughts on this matter.
The public should be able to invest in leveraged and inverse funds, since this will permit them to hedge during times of market uncertainty and with future stock market declines. The excesses of the FED and US Government with over $10 Trillion increase in liquidity in the money supply over the past two years will lead to a great recession and major correction in the markets. The SEC proposed rule will ensure that the middle class investor is futher harmed by the US Gobernment.
As an individual investor, leveraged and inverse ETFs are very important to my hedging and risk management strategies. Having used them for many years, I'm very well aware of the risks involved with these securities and do not need any additional education or certification in order to use them properly.
Stop! EVERY investor should be able to access these instruments. The majority of these instruments ate traded by professionals on behalf of their clients.
So here is the deal. You guys allow Morgan Stanley to manipulate the gold and silver market for more than a decade, over and over again, with what amounts to a fine in which Morgan gets to keep 90% gains of the fraudulent actions. But when it comes to the common man you set up roadblocks to investments that only the corporations are permitted to take advantage of. Banks, large corporations, politicians and government agencies ,e.g. FINRA, SEC, etc have been groomed and lobotomized by the oligarchs.
I have a right to make my own investment decisions, without interference , hindrance , or supervision. When the market rises, will you prohibit bullish leveraged funds?
I oppose these restrictions.