Jeff Jeans Comment On Regulatory Notice 22-08
Leveraged and inverse funds are a regular part of my investment portfolio, allowing me to hedge at appropriate times. Please do not consider or pass Rule #S7-24-15.
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Leveraged and inverse funds are a regular part of my investment portfolio, allowing me to hedge at appropriate times. Please do not consider or pass Rule #S7-24-15.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST. I should be able to invest in whatever I choose to do with my hard-earned money. Regulators are not LAW-MAKERS. I am not an extremely wealthy person but I should have the same opportunities as other "high new worth" individuals. ...Equal Opportunity under the law!
As an experienced investor, I fully support this regulation. I assist other seniors in financial management and have far too many inappropriate investments promoted. Anyone investing in a complex, high risk instrument should be thoroughly vetted for knowledge and appropriateness.
Highly intelligent people are in all industries. Although there is some solid math involved in understanding financial decisions, it isnt so difficult to pass a series 7 to establish that it would make ones IQ higher than any average person. Adding a requirement to regulate people seems like a money-grab and another obstacle to entry in an industry with far too many advantages for the in-crowd that themselves are under-regulated and IPO thieves.
We should be able to invest without government intervention.
I oppose the attempt to restrict the rights of investors to invest in leveraged and inverse funds. While I see that it is an attempt to prevent possible loss by inexperienced investors, failure is sometimes a necessary learning tool. Rules made to avoid the odds of failures are simply crutches for the inexperienced and unnecessary barriers to those attempting to learn. There are already limits in place that suffice. What will be done when those who pass the test, still lose money?
This is unacceptable!! Everyone deserves to invest their own money if we want to fight the inflation that YOU are causing
You greedy [REDACTED] know that you're responsible for the state of the economy and now that it is crumbling according to your plan you want to keep the tools to profit to yourself. Your time is coming to an end, the next occupy wall street will be immensely more popular. It doesn't matter what you do here, the people are coming for you regardless. [REDACTED].
Dear Regulators, I understand the need to protect people from fraud, but regarding a persons individual ability to make decisions on their own personal investments should be left to the individual. Anyone who invests in any of the EFTs being considered for restriction, without fully researching the investment beforehand is unwise. Most investors who seek to invest in these type investments are savvy investors. I dont believe controlling these investments across the board is warranted and I highly recommend you reconsider your views on controlling these types of investments.
The restrictions that SEC is trying to impose is going to hinder the ability of common man to be able to use the money the way they want and goes against Capitalism. These restrictions will widen the gap between the rich and the poor. Hope that SEC doesnt proceed with these legislation.