John Abreu Comment On Regulatory Notice 22-08
I believe I should have the full unrestricted power to invest MY MONEY in what I believe is a responsible way and not the "regulators", as simple as that.
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I believe I should have the full unrestricted power to invest MY MONEY in what I believe is a responsible way and not the "regulators", as simple as that.
The individual not regulators should be able to choose the public investments that are right for him/her and his/her family. Public investments should be available to all of the public, not just the privileged.
In times of extreme volatility, leveraged funds serve an important function in the management of my retirement assets. They do not consume many dollars, yet because of their enhanced status protect the downside of my non-leveraged funds. Were they to be restricted or disallowed, I would be forced to completely exit the market, and my retirement accounts would soon be rendered useless, ravaged by inflation.
As a long time investor, I should be able to decide for myself how much risk I want to take in my investments. It is no benefit to make things more difficult for everyone.
I don't want the top .001 % to benefit from the crash. Everyone is equal.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
All investors should be able to freely choose their own investment strategy. We dont need more regulation. Regular disclosures from fund managers is sufficient to protect investors and provide adequate notice of the risks.
If people want to throw away money they have the right in America to do so, if they did not have this right Las Vegas and Atlantic city, State lottery would not exist. Your job description should read : Making sure they know clearly their money may evaporate is all you need to do.
I have used both inverse and leveraged funds several times over the years and met my objectives for both hedging and capital gains. In my opinion these funds provide excellent opportunities for smaller investors to participate in otherwise difficult to implement investment strategies. Adequate warnings and educational information are readily available in the fund prospectuses and the issuers websites. I am opposed to further restrictions and hurdles in accessing these instruments. Thank you.
I 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 rich and privileged. I do not need government regulators telling me what I can invest in. We the public shouldn't have to go through any special process like passing a test before we can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.