Zhiqun Yuan Comment On Regulatory Notice 22-08
Public investments should be available to all of the public, not just the privileged!
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Public investments should be available to all of the public, not just the privileged!
Dear Sir/Madam:
I believe public investments should be available to all of the public. Investors know the risks of leveraged ETFs and decide if they are the right investments to invest.
Thus, it should be no restriction beside the warning document which the investors should read and sign to make sure they understand the risks of leveraged ETFS.
Thank you.
I oppose restrictions to my right to invest. it is my money!!!!!!
I don't oppose some regs on crypto, but not so harsh as to make it difficult to invest after proper disclosure about risks involved.
The most effective form of government is the government that governs the least. With every additional bit of regulation, the regulations that matter become more diluted. Tread lightly, choose wisely ladies and gentlemen, especially when it comes to telling the populus where and how it may utilize it's monetary assets. If you didn't put in the work to acquire the earnings, how can you justify telling me how I spend them??
These recent weeks are en excellent example of why inverse funds should NOT be limited. Retail Investors like me who do their homework but have less access to sophisticated hedging strategies and expensive market research are able to use many these funds to protect ourselves. For example, I put on small positions in several unlevered inverse funds, reduced long positions, and have ridden out this storm basically flat while many of my friends with fee-collecting pro advisors and money managers have had large drawdowns.
i want to voice my opinion that i am against any move to restrict my ability to buy and sell shares in "complex products" or any other funds or financial instruments.
Whereas Federal bureaucrats ought not restrict the rights of citizens to participate freely in financial markets,
whereas I, not distant technocrats to whom I am a mere data point, ought to choose which investments are correct for me and my current investing situation / strategy,
whereas I should be able to access any investment or type of publicly traded security without capricious and arbitrary restrictions imposed, including but not limited to having to pass a knowledge or means based test before being deemed worthy to use a particular investment strategy,
I oppose restrictions to my right to invest in public investments. I should be able to choose the type of investments that are right for me because I understand leveraged and inverse funds and they are important to my investment strategies. I am opposed to any restrictions and special requirements or processes before I can invest in public securities
I believe that any restrictions on inverse or leveraged ETFs would result in an inability for investors to hedge the risks to their portfolios that are inherent in the market.
I use such ETFs myself and find them to be a very useful tool in implementing my investment strategies.