Kim Rogalin Comment On Regulatory Notice 22-08
The ability to freely invest should be held as the highest priority of any regulation. I oppose limitations on the ability to buy "complex products".
The ability to freely invest should be held as the highest priority of any regulation. I oppose limitations on the ability to buy "complex products".
As an individual we should have the right to exercise the daily leveraged and intervein ETF'S in our own portfolios as we are aware of the risk. We have a strong understanding of the characteristics and risks L & T funds etc. That we are monitoring the L & T funds. My brokerage firm provider us with the warning risks that is associated with L & T funds and other complex products.
Hello, I started investing in crypto a few months ago as a way to improve my finances. What I invest in should be my choice, not anyone else's.
I also do not need to take a government regulated test to determine if I qualify to invest in something. I am using crypto to improve my long term finances and that of my family, to break the cycle of poverty in my family.
I know many, many folks who are doing the same thing. Don't take that away from us. Let us make our own choices, and our own mistakes.
I invest in leveraged etfs all the time and I'm fully aware of the risk involved it would be an injustice to remove my ability to use this investment vehicle thank-you
Don't handicap the smaller investor, [REDACTED]!!! I want the same tools the corporation have. We have been taken advantage of for so many years.
regarding FINRA's notice #22-08 for comments about investors buying certain complex products, I comment that my access to leverage and inverse products is appropriate and has provided positive returns using a daily trading basis. I sign an agreement with my brokerage firm each year stating that I understand the risks involved when trading such products.I have a bachelors degree in mathematics and a cpa certificate.I do not think that my access to leverage and inverse products should be restricted.
I oppose limitations imposed by this change. Leveraged and inverse funds should be available freely as publicly traded instruments. They form an important part of my investment and existing disclosures are sufficient for me to understand risks associated with these instruments. The imposed restrictions will significantly impact liquidity associated with the trades.
These securities should be left as publicly traded like they are now.
Taking away our right to invest is one of the dumbest things you can do, it shows that you are just trying to keep the poor, poor.
Leveraged ETF/ETNs do pose risks most retail investors do not understand. However, retail investors that understand the risks should not be barred from utilizing these very useful assets. Broker-dealers should require due diligence in line with that of margin approval and options approval. Specific arguments for this approach include:
1. An investor can lose 100% of their investment in a leveraged product, but options and margin can lead to more than a 100% loss.
Crypto needs to be in the hands of investors and not banks. Leave this alone and let our rights be heard.