James Williams Comment On Regulatory Notice 22-08
Please do NOT restrict my right to invest as I choose. That is NOT why you were elected.
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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.
All efforts need to be made to protect unexpecting investors from zero sum Ponzi/Pyramid/Greater Fool schemes like Crypto-"currencies"! => Why bitcoin is worse than a Madoff-style Ponzi scheme: https://www.ft.com/content/83a14261-598d-4601-87fc-5dde528b33d0
Yes, I should be able to CHOOSE my OWN investments!!
My Choice, My Gain, My Loss!
I do understand that it is the regulators' intent to protect the naive investor but.....
Enough with absurd government regulations!!!
Hello,
I am an individual investor (albeit a sophisticated individual investor with a financial engineering degree) and being able to use leveraged inverse funds helps me hedge and execute trading strategies without having to structure the hedge from scratch (e.g., using options or futures contracts). Therefore, I strongly support general access to leveraged and inverse funds.
The additional restrictions and regulations will impede a "free- market" trading system, distorting true price discovery in public securities. It also puts greater control in the hands of certain parties (with "specialized" knowledge) who will have advantageous and timely access to leveraged and inverse exchange-traded funds. It is not fair to restrict investments to certain or select parties only.
As an investor, it is my right to have free access to the entirety of the public securities markets without arbitrary restrictions. Please respect and protect my right!
As an Investor in leveraged ETFs, I very much would like to stop new regulations that would make it more difficult to purchase these securities. I fully understand that these can go up and down far more drastically than the market average and I fully expect that. Investing is risky and I feel like investors can properly determine their own risky tolerance with the information provided.
Please don't kowtow and restrict personal trading options.
I have been investing in leveraged index funds and mutual funds such as TQQQ (Nasdaq 100 index 3X bull), TECL (S&P 500 tech index 3X bull), and RMQHX (Nasdaq 100 index 2X bull). It is important for more risk-tolerant retail investors to be able to increase their returns without losing diversity in stocks. With the assumption that markets go up in the long run, these leveraged funds allow the retail investors to obtain higher returns in the long run without taking risks associated with concentrated positions.