Thomas Maltese Comment On Regulatory Notice 22-08
This is [REDACTED] and I should be able to buy this freely. Thanks.
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This is [REDACTED] and I should be able to buy this freely. Thanks.
I believe it is every American's right to have a choice in where to store, spend, and invest our hard earned money. the banking system has failed us. yielding is .05% interest while they make billions on our money is an insult and should be a crime. crypto gives me the freedom to be in control of my own money and let me put my hard earned money to work for me, garnering all the profits (less uncle Sam's cut).I have made more just in interest alone in the last year, than I have keeping my money in the bank for the last 40 years. keep your hands out of my money except for taxes.
Limited use of leveraged and leveraged inverse ETFs serve an important part of our family's investment portfolio; the risks associated with these products -- the impact of volatility on returns, tracking errors associated with holding leveraged ETPs longer than 1 day, etc. are *very* clearly spelled out in each ETP's prospectus, with most going so far as to provide tables to illustrate such risks.
My investment, my choice, my money.
I definitely do not want FINRA to make any changes to Proposed Rule #22-08. Public traded funds need to remain public. This almost reminds me that I may not be ELITE enough to participate in what has always been available to the public. The thought of being tested to see if I know enough about these funds is ludicrous. I don't believe that FINRA should be awarded this kind of control over the public. This may affect my financial well-being in the future.
I think this regulation would do more harm than good.
I oppose any new regulations.
I the investor have the right to choose what I can invest in not the US government.
- Everyone should be able to choose any public investments that are right for him/her.
- Leveraged and inverse funds are important to investment strategies, especially during the period that the stock market is going down since they can hedge the investment portfolio to reduce loss and even enhanced return (if any).
There is no reason to put a restriction on our investments!! Stay out of our business!
I have been investing for 60 years and I am comfortable with current processes and products available including the leveraged products. which I frequently use. I would not be in favor of dropping these investment opportunities.