Sam Hsiao Comment On Regulatory Notice 22-08
Every person / investor has the right to their money and choice on what they decide to invest in. It is unethical to take that right away from the common investor.
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Every person / investor has the right to their money and choice on what they decide to invest in. It is unethical to take that right away from the common investor.
Over regulation is hurting not only Stock Brokers ,it is hurting Insurance Agents as well. Regulators should not be able to kill an industry just so they can justify their jobs. With Fixed Index Annuities the suitability forms and requirements are beyond reason, and have killed millions of dollars worth of sales, and hurt millions of agents and potential customers.
tHE LEVERAGED AND INVERSE FUNDS ETFS HAVE SERVED US WELL. dO NOT CANCEL OR CHANGE THE RULES FOR INVESTING IN THEM.
I oppose limitations on my investments
I don't like the rule. Don't do it, please.
Do not move forward for limiting investors ability to directly invest of pro shares. Ive been doing it for years and found it to be very straightforward and not as complexes if some would make it sound. Do not change the rules. We will work hard to overturn any rule that you might put in place that would limit our ability to directly invest in that would cost you a lot of time and money in the future. Dont change the rules today theyre working just fine and a common American investor is benefited greatly from pro shares.
I totally reject the government restricting my access to investment products that are properly and transparently marketed and regulated with regards to their upside and downside risks. I totally reject any attempts of the government to extend any exclusion of public markets to exacerbate the wealth disparity we already have.
I use this to hedge the volatility the fed has created.
I am against any kind of restrictions and regulations that limit my rights to invest my money the way I freely decide myself.
I understand the risk and reward of investing in leveraged and inverse ETF. I invest in them as part of my portfolio strategy.