Sudhanshu Srivastava Comment On Regulatory Notice 22-08
we should be able to choose the public investments that are right for you and your family.
Public investments should be available to all of the public, not just the privileged.
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we should be able to choose the public investments that are right for you and your family.
Public investments should be available to all of the public, not just the privileged.
Restricting my choices to invest in public ETFs etc. is unfair. Positioning size and risk are in the hands of the consumer. These depend on market conditions, which are constantly poorly interpreted by major banks and large investment firms, the Fed, and the Treasury who should not be using their power and leverage to limit access to securities during very difficult and volatile times.
As a long-time investor who had diligently saved for his retirement, and who sought advice from professional financial planners, I would like to retain my right to continue using leveraged instruments in my portfolio. They help me achieve the desired allocation. I do not speculate or day trade and only use these instruments only for long-term goals.
I not regulators should be able to choose the public
investments that are right for myself and family.
Public investments should be available to all of the public,
not just the privileged.
Leveraged and inverse funds are important to my
investment strategies. because they help me
protect (hedge) my investments or seek enhanced returns, and I use them as a limited part of your overall portfolio.
To whom it may concern,
I have been investing in triple leveraged ETF's for over 5 years. I have done so responsibly, setting stop loss orders and maintaining a keen eye markets and my portfolio. This has helped me create more capital in a responsible manner over these years. To limit responsible investors from accessing these type of funds would be an over reach of FINRA's mandate. Novice or irresponsible investors seeking high returns will turn their attention to the pink sheets and will be adversely affected.