Thomas Williams Comment On Regulatory Notice 22-08
Do not regulate inverse funds. A great tool for individual investors.
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Do not regulate inverse funds. A great tool for individual investors.
I not regulators should be able to choose the public investments that are right for me and my family. 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 do not need these measures imposed on me.
The investment landscape is currently regulated at a high level. While I understand the importance of ensuring that nefarious inversely schemes are kept at bay, the ones who do follow the guides, rules and laws should be allowed. These types of investments give me hope that I will actually be able to retire someday without reliance on social security which is a bloated beast. Funds such as ProShares often give clear and concise information to investors, allowing us to make our own decisions and choices.
It would be hurtful to my investment strategies, if my access to leveraged ETF's is limited. Short ETFs are great way for the common investor to provide downside protect in volatile markets.
Inverse indexes are a key part of protecting my families public investment from a portfolio standpoint. Especially important right now in the current economic environment. We invest in public markets primarily through FinTechs who make the process simple, so I can focus on my trade/work. I understand why this was proposed but please give it a deeper layer of thought. A lot of negative ripple effects and impacts on retail investors.
Leveraged and Inverse Funds are an important part of investing strategy. It creates options to offset adverse market conditions. These are much needed funds for any investor.
I strongly and vehemently OPPOSE this rule attempting to restrict my choices in investing in Leveraged and Inverse Leveraged ETFs. As an individual investor I have invested in these continuously over a 15 year period with no negative results. We know what we are doing and the SEC should not interfere with unneeded restrictions on my rights.
The proposed regulations are unnecessary and ill advised. ETFs do not need special regulation. I am strongly opposed to these proposed changes.
Leave etfs alone stay out of biz
I oppose SEC Proposed Rule #S7-24-15. I have the right to choose the public investments that are right for me and my family