I used to day trade, buying and selling options and penny stocks. I specifically quit those risky behaviors because I saw a more stable opportunity in leveraged ETFs. It allows me to gain the most out of my investments, which I make with my hard-earned money.
I always thought that this country was built on the principle that *anyone* could work hard and live free. I'm a grown adult who does not need regulators trying to "protect me." I fully understand the risks and rewards with leveraged investing. And listen, I'm an independent voter, so please don't think this is an issue that's only unpopular with one side of the aisle. The fact is: this is is government overreach. Period.
There's only one question that needs to be answered: does the U.S. have a free and fair market? Or is it only for the privileged few? We saw what happened with hedge funds and GameStop. We saw what happened with Robinhood taking away the "Buy" button from retail investors. Please don't continue this trend of removing or restricting access to the market for average retail investors.
Thomas McNish Comment On Regulatory Notice 22-08
I used to day trade, buying and selling options and penny stocks. I specifically quit those risky behaviors because I saw a more stable opportunity in leveraged ETFs. It allows me to gain the most out of my investments, which I make with my hard-earned money.
I always thought that this country was built on the principle that *anyone* could work hard and live free. I'm a grown adult who does not need regulators trying to "protect me." I fully understand the risks and rewards with leveraged investing. And listen, I'm an independent voter, so please don't think this is an issue that's only unpopular with one side of the aisle. The fact is: this is is government overreach. Period.
There's only one question that needs to be answered: does the U.S. have a free and fair market? Or is it only for the privileged few? We saw what happened with hedge funds and GameStop. We saw what happened with Robinhood taking away the "Buy" button from retail investors. Please don't continue this trend of removing or restricting access to the market for average retail investors.