Patsy Malicki Comment On Regulatory Notice 22-08
I oppose limitations on my investments. I believe it is an investors right to freely access the entirety of the public securities markets without arbitrary restrictions.
I oppose limitations on my investments. I believe it is an investors right to freely access the entirety of the public securities markets without arbitrary restrictions.
I am very much opposed to Government interference in my choices of investments. Less government interference is better. The government screws up not of the thing that they mess with. Less government more freedom.
I need to be able to buy or sell leveraged and inverse funds. It is a great way of preserving my capital investments during wild market swings. For instance, VIX Market Volatility Index is tracked by several different funds and helped me preserve the capital in my IRA during the latest increase from 4/20/22-5/06/22, offsetting my stock and ETF losses during that time. I was then able to reinvest that money from the sale of my inverse funds back into my stocks and ETF portfolio.
Comments: Responsibility lies with the investor on the types of instruments in which they choose to invest. Burdening brokerage firms with additional onerous processes will only serve to deny investment vehicles to the investor community. The current environment strikes the appropriate balance between the investor and the brokerage firms. No further changes are required.
It is the person investing's business. I think the govt. needs to myob what we do with our money and get [REDACTED] out of our hip pockets. If folks aren't rich Biden has already made our life a [REDACTED] with every thing going up!
I am opposed to restrictions to my right to invest.
Please do not restrict any of the leveraged funds access as I use these funds in an intelligent manner and follow the signal system method ( jason kelly sig system )of buying and selling these funds every quarter based on past performances . These funds can be volitile but when used in a systematic mathematical system they are very rewarding as they just follow the index or commodity .
I use several brokerage providers. TD Ameritrade, M1 finance, and Robinhood all already provide bold warnings and specific information to guide/educate investors regarding Triple Leveraged or Inverse ETFs.
Brokerages have already/currently provide the critical information for retail investors to make effective trading decisions with these investment vehicles.
I strongly opposed limiting retail access to leveraged/inverse investments
Free markets are the hallmark of a free society. However, freedom is not a privilege of the few or those with a series 62. It is the right of all to invest in those instruments that meet their financial needs including the ability to hedge. Leverage and hedging provide me a way of allocating capital, managing tax burdens, and stabilizing returns. As a data scientist with an MBA in finance, I am well versed in the financial markets and do not need oversight.
Free market capitalism is important and leveraged,inverse funds should not be over regulated by politics.