Richard Loyer Comment On Regulatory Notice 22-08
Get a grip -leave well enough alone.
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Get a grip -leave well enough alone.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. I should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
While I understand the SEC's concern to protect potential investors, straightforward access to leveraged and inverse funds are an important part of many, including my own, investment strategies. I have an extensive long portfolio and I use leveraged and inverse ETFs to hedge my long positions. This has been especially helpful to my bottom line in these recent volatile market sessions. Moreover, if I anticipate a significant decline in the market, use of such ETFs may enhance my returns.
Just found out about the proposed restrictions being considered regarding leveraged/inverse investments. My wife and I are retired and utilize products of this type on a limited but regular basis in attempt to protect and improve our retirement income and sources... just like the large and politically connected trading companies. It is absolutely necessary in this messed up economic and political environment we are currently in. I do not need regulators making it more difficult for me to invest in these publicly traded products when I feel it necessary.
Its my money and you have no right to tell me what I can or can not do with it. A far better us of your time would be reigning in the grossly abusive insider trading that is happening by government officials instead of going after retail investors.
As the sole owners of our assets, we are the only ones care about and responsible for our wealth. FINRA or any other entity has no right to tell us what to buy and what not to buy.
Hello, I unequivocally reject the idea that the government needs to further regulate investments by inserting themselves in the decision making process about where and how I invest my money by requiring certain requirements be met prior to investing in a certain fund. This is an egregious abuse of power and contrary to a free market.
Hello FINRA, I'm s individual investor. I'm facing more risk than the people who work in the Wall Street. We need some tools to hedge our risk. LEVERAGED AND INVERSE FUNDS are very good way to help us to do that. And it's our right. We need to keep it.
I oppose any new regulation to my personal investment. I should be able to choose my own investments. I should not have to go through special process or test to invest in ANY securities including leveraged funds.
We have always had the ability to trade stocks and funds that we have determined to trade. We understand the risks and if people don't then they just need to take responsibility for our trading or not trade at all.