Michael Taylor Comment On Regulatory Notice 22-08
It's the people's money let invest it the way they want to!
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It's the people's money let invest it the way they want to!
I have done my own investing for years. I am presently using a broker. Why are regulators necessary? Exact details please!
As a shareholder of leveraged and inverse funds, I take my own risk without any pressure to buy and own this type of fund. The regulation if established will restrict my choice or freedom to create my own investment strategy. I accept the high risk of this leverage ETF for a loss or a high return. It is an important portion of my investment portfolio. If the regulation is introduced, the risk DOES NOT go away. I don't want this special measure to affect my investment strategy. Public investment should be available to all the public, not just for the privileged.
FINRA needs to block this from happening.
I would really appreciate all of Congress and the Senate please, please take an extended vacation! As a matter of fact it's on the house, since we pay taxes and your salaries! There are enough laws on the books as it is so how about just enforcing the multitude we already have. Please enjoy your 4 year vacation! Have a good day!
Eliminating the leveraged ETFs from the choices of investment vehicles is the wrong decision. If the leveraged ETFs are volatile, how about the individual securities, mutual funds and options. Every investment tool in the stock market involves some degree of volatility and risk, even crossing the street in daily life has some degree of risk. Are we going to eliminate options because they include a high risk? The SEC proposed regulation of removing the leveraged ETFs from small investors is a bad regulation. IT IS PULLING THE CARPET UNDER OUR FEET.
Individuals should have the freedom to invest their money as they choose. This is basic freedom in a free market and should not be limited.
I am appalled at the suggestion of limiting the free market. I - not regulators - should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privelaged.
I shouldn't have to go through any special processes like passing a test before I can invest in public securities. I am capable of understanding my investments and their risks. I do not need these measures imposed on me.
ProShares has contacted me about you wanting to increase your regulation of investments. I agree with them and not with you. I dont want you telling me what I cant invest in or requiring me to pass a test to qualify.
Dear sirs:
I am only just now finding out about this and I am thoroughly outraged.
As if the super wealthy didnt already control everything in this country Now you want to take away the opportunity for regular people to try to get ahead via investments? How dare you?
This is unnecessary, immoral, and will not be tolerated. Just how long do you think you can keep taking away from the citizens who are the backbone of this country? How does it harm you if other people invest?