Robert Chard Comment On Regulatory Notice 22-08
Public investments should be available to all of the public, not just the privileged. Government should have no say in my business.
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Public investments should be available to all of the public, not just the privileged. Government should have no say in my business.
Attn: FINRA I do NOT want to be restricted as to when and how I invest my monies for my personal financial satisfaction. I've had to invest outside of a major brokerage; now choosing ProShares funds for this reason. I'm a senior citizen with many years of managing my own investments and am well aware of the risks life and ALL investments present and do NOT need to be further advised. Do not stifle my ability to invest as I see fit.
I oppose restrictions to my right to invest.
Dear Sirs, equity markets are critical to the world economies and financial system. Restricting or eliminating the use of any instrument potentially reduces liquidity in these markets. Sophisticated investors use a variety of instruments in their portfolios. I use leveraged index ETFs as a hedge. Restricting or eliminating leveraged index ETFs will significantly impact my investment strategy. Thank you for not restricting or eliminating leveraged index ETFs. Thank you.
Gatekeeping is inequitable. Its SEC #S7-24-15 further institutionalizes inequities, creating even more hindrances for working class investors.
I humbly request that you maintain the present regulations so that I may freely choose the best investments for my portfolio. I have no problem understanding the present leveraged and inverse funds . They are an important tool in my tool chest. Thank you
Let everyone invest
WoW! Last I understood, capitalism and the right to individually flourish in the U.S.A. was available to everyone. My mother came here legally for this reason, and so I can benefit from my own efforts here as well. If my funds disappear due to my lack understanding or misjudgment, THAT is my decision to make and no one else's. This proposed rule is highly elitist. Public trading should be FOR THE PUBLIC. Also, don't the high profile traders need the little people to drive trade volume? I urge you to reconsider this proposal. Thank you.
Do not restrict my ability to choose the public investments that I decide to buy/sell. I have been investing for over 30 years and am completely capable of making my own choices without the help of a registered broker. I use both leveraged and inverse funds when I deem them advantageous to my investing plan. I know how to place stops, sell, etc when I do not want them in my portfolio. I have the ability to limit my risk.......it is my right to make my investment decisions as I have done for 30 years, most of them without a financial representative.
Along with most investors, I am fully capable of understanding the risks of leveraged and inverse funds. Additional regulation is NOT needed.