Chris Nakamura Comment On Regulatory Notice 22-08
I oppose restrictions to my right to invest.
I oppose restrictions to my right to invest.
Dear FINRA,
I oppose limitations on my investments. Leveraged ETFs makes it easier for me to take on the reward/risk profile without having to take out loans. I would argue it is safer for people to invest what they have rather than what they borrowed.
Thank you for taking my comment into consideration.
This should not be a rule. Regulators should NOT be able to choose the investments that are right for me! I should not be restricted as to what is available to me.
Dear Regulators,
I oppose restrictions to my right to invest!
Leveraged and inverse funds are an important part of an investment strategy. They can help to reduce risk as well as boost returns when combined with a balanced, diversified portfolio. Like all investment vehicles, they can be used improperly, but this fact should not be used to restrict trading or especially to limit them to high-income investors. It is not fair to give accredited investors such a significant advantage over regular investors when it comes to hedging their positions.
I oppose limitations on my investments.
I oppose the restriction on buying leveraged and inverse funds. I am an independent non professional investor. The restriction will limit my ability to protect my retirement funds.
Please do not reduce the investing freedom of individual investors. We should be free to make our own investing decisions, whether they are wise or not - that is our decision to make. This would further stack the deck against individuals, when institutional investing firms already have myriad tools and freedoms that are not given to average people. Furthermore, these firms have shown no better judgment - see Bill Hwang or the entire banking system in 2008.
Please do NOT restrict my right to invest as I choose. That is NOT why you were elected.
I dont agree with adding restrictions on public investments. I like having a variety of fund vehicles that allow me to tailor different parts of my family portfolio to best align with our plans. I am planning to use some of these vehicles to hedge retirement withdrawals, so we won't be hammered by reverse-dollar-cost-averaging. New restrictions will not prevent irresponsible individuals from decimating their familys assets because their proclivities will cause them to gravitate towards even more risky investments such as gambling.