The fact that members of Congress are able to make investments that are not available to ordinary citizens should be absolutely illegal! Investors should not be barred from legitimate opportunities... PERIOD!!!
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 shouldn't have to go through any special process like passing a test before I invest in public securities, like leveraged and inverse funds. I understand leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies.
The elements of your proposed legislation is unfair, arbitrary and capricious.
I opposed it on the grounds that it is discriminatory, and an intrusive overreach of a regulatory agency.
I believe that if banks and large investing institutions such as corporations can invest in a financial instrument then so should a free American have that right as well.
Mitch Naylor
I am a 74-year-old conservative and cautious investor who has successfully used triple-leveraged ETF's during the last nine years to provide supplemental income for retirement. I and my 69-year-old wife do not live extravagant lifestyles, but these EFT investments have allowed us to live a middle-class life in retirement. However, if the freedom to use these investments was taken away, we would not be able to meet our non-extravagant monthly financial obligations.
I dont think its right. There looking so that there the only ones making a Profit. Dont like it
I oppose restrictions on my investment opportunities. I am a normal "retail" investor and not affiliated with any finanical institution. I have been able to educate myself and understand the risks of "complex" products such as those being considered for these regulations. I should not have to pass any "test", at most only sign/check an affirmation that I understand. We need MORE access and MORE transparency for the American people, not further restrictions and control by the privileged few on Wall Street or D.C.
#1: As an American I take great offense to even more regulations on my ability to make intelligent investments, since a free citizen should be able to make or lose money on their own volition, not that of a Regulator . . . FYI the "motherly" $25,000 Trade Rule regulation cost me dearly at times in the past;
#2: My risk is less with leveraged ETFs as I invest much less than I am able with leveraged ETFs, which gives me a much larger cash position to take advantage of large market fluctuations;
I have just as much right to invest in any securities I choose. This is NOT right
Less Government Regulation is "always" a good rule!