Joseph Francis Comment On Regulatory Notice 22-08
This will take liquidity out of the market and have negative unintended consequences.
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This will take liquidity out of the market and have negative unintended consequences.
I do not support regulators imposing unnecessary burdens on investors that limit our ability to access publicly traded securities. This is a push from special interests to drive business to them and limit the ability of individuals to make investments as they see fit. Leveraged ETFs are a small part of my portfolio and are used to enhance returns. I am fully aware of the risks of the compounding negative returns. We do not need the government vetting investors. This is overreach and unreasonable.
I would like to know what gives you the power to take away investment choices from investors like me. It is up to each investor to make investment choices that are right for them. You do not need to reduce the investing choices for investors to the lowest common denominator. It is time to stop this take away for me and all others.
I not regulators should be able to choose the public investments that are right for myself and my family. Public investments should be available to all of the public, not just the privileged! Leveraged and inverse funds are important to my investment strategies. The leverage and inverse funds protect my investments and enhanced returns and are very improtant parts of my overall portfolio. I have more than 10 yesrs experences on investments I am sure I can understand leveraged and inverse funds and their risks.
I dont like this regulation, everyone should have access to this. People should know the risk of investing before they buy anything
I strongly oppose this rule #S7-24-15 because its fundamentally wrong to try to create one system for high net worth individuals and the rest of the American populace. I urge you to block this proposal by the SEC.
If you think that curtailing my right to profit off downtrends is going to save this house of cards we call a "market", you've got another thing coming - the game is rigged enough as it is.
Quit messing with something that isn't brpoken
I want my rights to buy public investments! Sell and buy is risky! We take risks since we came to this world!
Leveraged ETFs provide a convenient way for investors to have expanded exposure to an asset with less capital upfront. I understand the expanded risks of these instruments including volatility decay, but I feel that they suit my investment objectives of gaining expanded exposure to a diversified underlying index such as the S&P 500. I have done the math and assessed the risks, and I position my portfolio accordingly to account for the potential risk and return. Please allow investors to retain the ability and freedom to position their portfolios according to their objectives.