Christopher Jennings Comment On Regulatory Notice 22-08
Regulations only strangle out new business and financial opportunities so only the elite can benefit!
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Regulations only strangle out new business and financial opportunities so only the elite can benefit!
This is a public investment. It should not be regulated into an opportunity that only a privileged few will have access to. Leveraged ETFs are an important part of my portfolio and I do not want to lose that opportunity. This is for my future. I should have the right to invest my money where I see fit.
Leave free trades of securities alone, if people to trade, they can learn as they go, this country is based on free regulated trade, not regulated free trade
Dont think that we retail investors are dumb or need the regulators to protect us from ourselves! Its my money, let me trade how I want too, I have been doing this for a decade, I understand the risks.
Comments: I like trading leveraged and inverse ETFs and don't want additional limits placed on the investors. I understand the risks and believe that additional limits on these investments will only hurt the small investor while big Wall Street firms can do what they want. It is important for FINRA not to hurt the small investor.
Dear Sirs: I am writing to express my opinion that existing investor access to leveraged ETFs should be maintained. These investments are straightforward (leverage 1X, 2X, 3X, etc.) and every investor must understand that risk is inherent with these investments. As with any other investment. I consider leveraged ETFs to be much less risky than US traded Chinese stocks. The Chinese Variable Interest Entity (VIE) structure is highly risky and should be made illegal I believe. Please leave leveraged ETFs along, and ban all US traded Chinese stocks from trading on US stock exchanges.