Bill Moore Comment On Regulatory Notice 22-08
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
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I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I would like to still have access to LEVERAGED AND INVERSE FUNDS. This gives me complete flexibility in all types of trading
I am very troubled upon hearing FINRA is considering limiting or stopping many investors from being able to invest in inverse funds. You cannot short stocks in an IRA so inverse funds are one of the main ways you can still make some investment income when the market is dropping. Why are you continuing to divide the majority of investors from the elite and large investors that can do almost anything, as well as affect the price of much of the market. Just another example of complete disregard for the common investor under the guise of protecting us from ourselves.
I dont need to be protected with understanding investment products. If i dont know i learn or dont invest in it.
Just stop this over reach!
I oppose the proposed regulation. I use leveraged ETFs as part of my wife and Is investment strategy. I should be allowed the freedom to choose what investment choices I make.
Do not restrict my rights as an investor.
Public investments should be available to all of the public not just the privileged or hedge funds. Nor should a investor have to go through any special process to invest in public securities. Leveraged and inverse funds are a important part of a individuals investment strategy. In summary I oppose any restrictions to my right to invest.
Leveraged index are important for private investors like me. I have a high risk tolerance but don't have the time to manage puts and call on a daily basis. This is why leveraged funds like TQQQ and SQQQ are products that I use frequently. I understand why regulations try to limit what inexperienced private investors can have access to. Investor who leverage themselves above their risk tolerance and loose their stakes or their life savings are responsible for their incompetence.
Stay out of my financial business. Stop trying to play mom and dad for everyone and worry about yourself. We don't need your [REDACTED] hand holding.