John McColgan Comment On Regulatory Notice 22-08
I am against being limited to purchase pro shares inverse etf's. Do not allow regulators to limit the purchases and manipulate this market.
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I am against being limited to purchase pro shares inverse etf's. Do not allow regulators to limit the purchases and manipulate this market.
Dear FINRA Regulators, I write to express my objection to proposed Rule #S7-24-15. I should not have to be a member of an elite privileged group to use public investments like leveraged and inverse funds. These investment vehicles have been an integral, but limited part of my hedged portfolio. Depriving me of that choice does not reduce my risk but increases it. I have used leveraged and inverse funds to good effect and should not now become subject to being tested by regulators in order to have access to these Public investments.
I disagree with this proposed rule. This is another attempt to rig the markets and shut-out retail traders. This is totally absurd and corrupt.
I 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 have been investing since the third grade and have been a licensed broker and am capable of understanding leveraged and inverse funds and their risks. Regardless of my background this is move is over reach and 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. I do not need these measures imposed on me.
I oppose the restriction of leveraged and inverse funds. I think this is a balance of both directions on the stock market.
please let me make my own investment choices , thank you
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 am capable of understanding leveraged and inverse funds and their risks. I don't need the government to baby-sit me. Furthermore, leveraged and inverse funds help me to hedge my investments and, with the right timing, get enhanced returns when using them as a limited part of my overall portfolio. Concerned Investor
More regulation leads to more tyranny in the future. This regulation and others like it will eventually destroy our society and culture, and regulators names will be associated to it making it possible for future generations to know who was responsible for the collapse of the greatest country the world had ever known. Proceed at your own peril.
I wish to have the right to pick stocks as I wish, Government should not control how I opt to use my money in the stock market. Just another way to take control of peoples lives.