George Blattner Comment On Regulatory Notice 22-08
Last time I checked this was a free country. These restrictions are not warranted. Doing options - calls and puts carries more risk. Letting Proshares do this for investors makes sense.
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Last time I checked this was a free country. These restrictions are not warranted. Doing options - calls and puts carries more risk. Letting Proshares do this for investors makes sense.
No more regulations!
I 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. Especially with a cash account with no margin.
I should be able to choose the investments that are right for me. Public investments should be available to all of the public, not just the privileged. Regulators have no idea of my financial needs and especially right now, it is imperative that I get the ability to invest in a declining market.
I should be able to choose my investments and apply leverage when needed despite my net worth or status. I am perfect capable of understanding the risks of leveraged funds. The risks are very high, but no worse or better than the risks of investing in other highly volatile securities like individual stocks and commodity etfs. Investing in Facebook would've lost me 50% of my investment in one day.
I think a lot of this regulation is being generated to disenfranchise the retail investor. Please allow "regular" working people to continue diversifying their portfolios with products that may seem too "complex" for them to understand. Putting burdensome and elitist restrictions on financial products that empower the middle class is a form of slavery that is not representative of this progressive day and age. My investments across brokerages and platforms, as a middle-class person of color, is integral to my portfolio growth as well as my personal growth.
I have spent the last year in classes three times a week to learn how to invest in stocks and trade options, hundreds of hours. I have the right and the knowledge to invest in any instruments I choose which should be my decision without interference with regulators. I have been using leveraged and inverse funds over the last year. I continue to learn and improve my skills. I am responsible for my own results. No one else.
Please dont make massive regulatory changes that harms individual investor access to affordable managed funds.
I do not want my rights to invest as I choose to be limited or further regulated.
Not necessary.