Juan Valades Comment On Regulatory Notice 22-08
I oppose limitations to my ability to invest!
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I oppose limitations to my ability to invest!
I oppose changing the current regulations regarding investment in leveraged funds.
Public investment should remain open to the public.
I am capable of making and accepting my investment choices without the need of special tests or permissions instituted by your agency.
Leverage funds play a key role in my portfolio and I am the one who makes these decisions. I dont desire or want changes made that would potentially cripple my plans.
Comments: I am a self directed trader like millions of others. I fully understand the risks and conditions under which I trade. The L &I trade is a vital part of my investment strategy. It would be wrong to limit access to traders like me.
Comments: Those of us who are not long term investors and prefer to take risks. obviously understanding the risks, should not be negatively effected by those whose lose their money and want to blame someone else. The government tries to control everything we do because of a few. Please stop the nonsense.
- My broker already has established adequate risk assessment, risk level determination, and trade warnings / education that allow me to trade options, inverse and leveraged etfs/funds/etns, etc. - 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.
What you should be more concerned about are meme stocks. Direxion and Proshares are good defined risk products.
(I like the strictly agnostic feature of the FINRA form which requires me to state my country but makes sure that America is not defaulted to the top—we must get a simply *enormous* volume of commenters from Algeria and Andorra and Bangladesh and Bahrain and so on.) I’m just an ordinary American—starts with A—from the USA—down near Vanuata—but the common stock and preferred stock and bond and note and debenture snd whatnot of every single company is so vastly complex that if any mere mortal can comprehend it, a lowbrow common-stripe ‘retail investor’ sure as shootin’ cannot.
I am not confused about Direxion, and ProShares levered and inverse ETFs. I use them without worrying about the risks to margin trading and educated about the products volatility.
The regulations in place are too restrictive already.
I should be able to find my stocks with out being all over the place to fine them I bought them when I lived in Wisconsin Texas and New Jersey