Victoria Latronica Comment On Regulatory Notice 22-08
It's the right of citizens to purchase whatever they want as far as investments are concerned. Please don't stop or infringed law abiding citizens to purchase investments such as cryptocurrency.
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It's the right of citizens to purchase whatever they want as far as investments are concerned. Please don't stop or infringed law abiding citizens to purchase investments such as cryptocurrency.
Greetings, Every year my brokerage house, Charles Schwab, sends a yearly form I must sign and return in which I have to acknowledge the risks of geared investment products. Otherwise my ability to buy those products is suspended. Please leave it at that. Managing my portfolio is enough work without complicating it with needless and unwarranted oversight. I have been using geared products for roughly 15 years and do not need my hand held.
I not regulators 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 oppose to restrictions on investments.
Restricting purchasing/selling of inverted or leveraged ETFs is pretty much equal to stoping regular people from the opportunity to earn income in stock trading. Leaving this privilage to only "professionals" or traders with huge capital will hugely increase the gap between rich and poor and will make poor suffer more.
People who doesn't understand the nature of such product are not usually trading it anyways.
I am 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 you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
Leveraged and inverse funds are important to my investment strategies. I use the leverage and inverse funds to help me protect (hedge) my investments or seek enhanced returns.
Passing this would be another way of keeping everyone but the rich down, this is what our country is now based on but we will stand up against all of these policies that try to silence us and continue to try and keep us down so that the wealthy can only succeed.
Everyone deserves to be able to invest in the economy and their future!
I want to use crypto. But, with the so many scammed, I do not lnow if I feel comfortable.
FINRA Regulators:
I oppose the proposal to restrict my right to invest in leveraged or inverse funds. That should be my choice and not something that regulation should restrict. I have carefully studied the use of these funds and invest in them in a limited and targeted way. They provide a valuable hedge when the market has become bloated and a recession is likely. I am careful to limit the amount of my portfolio I invest in these funds and typically would not exceed 10% of my portfolio.