I am an experienced investor 78 years of age. The proposed new regulations on us citizens to invest in leveraged and inverse funds is completely against our foundations as a Republic. We, the American people, have a God given right to invest as WE see fit - not the government. These strategies are essential parts of our investment tools. The government has no right to hinder our financial freedom but only to enforce contracts, especially when this can severely harm us. The rules need to be untouched except in reducing the restrictions we already suffer at he hands of the government.. laissez faire - hands off!
Michael Potter Comment On Regulatory Notice 22-08
I am an experienced investor 78 years of age. The proposed new regulations on us citizens to invest in leveraged and inverse funds is completely against our foundations as a Republic. We, the American people, have a God given right to invest as WE see fit - not the government. These strategies are essential parts of our investment tools. The government has no right to hinder our financial freedom but only to enforce contracts, especially when this can severely harm us. The rules need to be untouched except in reducing the restrictions we already suffer at he hands of the government.. laissez faire - hands off!