Allen Brock Comment On Regulatory Notice 22-08
More government regulations not needed!!
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More government regulations not needed!!
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
Stop being big brother. I am happy to take a test demonstrating my knowledge of the product and risks I am exposing myself to. We have no access to private equity and other investment vehicles that have performed in the past. Why cant you give us access to the same opportunities wealthier people have? Stop denying opportunities to make and lose money!
when i first heard that leveraged funds were no longer allowed to be created, i was angered by this overreach. at least those in existence would be grandfathered and i could still use them. to now learn that you are contemplating restricting my ability to use such exchange traded funds is insulting. even the cooling-off period. i bet it would have prevented me from making trades during the recent correction(s) in 2022--EXACTLY when i need to be able to react quickly to magnify the returns afforded by leveraged ETFs!
I am fully aware of the risks and dangers of leveraged funds. I value the freedom to chose the public investments that I deem correct. I use these funds sparingly to mitigate risk or to correct an obvious to me, imbalance. I am strongly opposed to government regulation of free participation in these investment vehicles which have a way of teaching harsh lessons to the foolish. And hedged great rewards to the prescient. Is it the governments job to protect people from their naiveté?
Hi, I oppose the SEC Proposed Rule #S7-24-15. I feel this rule would only serve to further divide the wealth gap that already exists in this counrtry, as it would make it more difficult for investors such as myself, with a lower net worth, to take advantage of leveraged funds in order to enhance capital gains.
The additional rules proposed by FINRA does not protect the public as whole, rather only protects a small few that wants additional control on the free market. We are currently able to trade knowing the risks and rewards - the people do not need high net worth, special classes / tests, or additional government regulations imposed on us.
The SEC needs to stop placing burdensome regulations on the average trader while kowtowing to the rich. Stop over regulating everything! I not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I am an adult and can choose where I spend my money.
I oppose limitations on my investments in leveraged and inverse funds. I want to be able to invest freely.
The last several years have seen a growth in funds that help individual investors seek targeted exposure to investments and strategies previously only accessible to high net worth individuals. Use of funds including leveraged funds, inverse funds, commodities funds, real-estate funds including global real estate, high-yield bonds, currency strategies, emerging markets stock, bond and currency funds, sector funds etc has helped me better diversify my portfolio and manage its risk more effectively and at lower cost than was previously possible.