Biren Desai Comment On Regulatory Notice 22-08
The leveraged funds represent the American spirit. Good or bad, it is my choice. Stop the manipulation.
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The leveraged funds represent the American spirit. Good or bad, it is my choice. Stop the manipulation.
Do not restrict my right to invest my hard earned money in whatever product I so choose. Leveraged, inverse, variable rate, option, etc. products are important tools for individual investors like myself. Individual investors can and do understand many complex investments and investment strategies. Individuals have to be allowed to make mistakes in life, including investments, as part of the freedom and competition which provide a health economy and free society.
I am a Registered Nurse with no formal financial/stock education. I however can do my own due diligence when it comes to what stocks I decide to buy and invest in. The inverse/leveraged ETFs allow me to easily diversify and lower my overall risks. STAY OUT OF MY ACCOUNTS AND FOCUSE YOUR TIME ON SOMETHING USEFUL!
I am opposed to your proposed limitations on my ability to purchase and sell investments. Your proposed rule should not be implemented.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. I not regulators 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.
Hi, please do not stop me from using leveraged and inverse funds, I am fully knowledgeable about these investment tools. Thank you.
I believe leveraged and inverse funds play an important role and provide a desired product in the marketplace. I rely on these funds to enhance my returns in a diversified manner. I have been investing for over 30 years managing my own portfolio. I believe that I am capable of understanding the risks associated with leveraged and inverse funds, and I can judge to what extent I want, and can, withstand exposure to them in my portfolio.
I oppose of the regulations because I think that gives me more opportunity to invest.
I wish to make my opinion know that I oppose any restrictions on my ability to trade leverage and inverse funds offered by ProShares. As a retired individual, I rely in no small way on my ability to trade these assets to great supplement my retirement savings. Any restrictions levied upon my ability to trade in these assets will great impair my ability to financially provide for my family's well-being. As an investor and trader, please know that I consider it my right to freely access the entirety of the public securities markets without arbitrary restrictions. Thank you .