I have every right to choose for myself what to invest in, regulators have NO right to decide for me what is right or what should be available to me. Regulators have no right to make life decisions for anyone but themselves. I am offended by the very idea that regulators would suggest anyone "take a test" to determine their ability to invest in anything, let alone specific commodities.
I strongly disagree. I do not believe that the government should be telling us how to invest our money. This is no different than having the government create a tax that we would pay and then entrusting legislatures to repay as an annuity. Please tell me how that has worked???
I use both bull and bear leveraged ETF's as a means to control losses (insurance for other investments).
I
Dear Sir or Madam, In short, please allow continued use of leveraged products, as available with providers such as Proshares. The risks are adequately addressed in required prospectus and I believe they serve a worthy hedge option to public investors. I support their continued availability. Thank you. Best, James Liggett
It is not right to limit choices of what I can invest in. Just because I am not a "professional" investor does not mean I don't understand risk. This seems like a misguided attempt to protect people from themselves that will actually result in less ability for people who are not billionaires to make money.
I am also skeptical of any tests you might give, many people
Please do not block, we have the rights to select the products we want to invest
I likely would not fit your thoughts of high net worth. But I have traded form the floor of a stock exchange for 20 years in my life. I think it should be up to me and my broker, not you to see what is fit for me to invest in.
I oppose further regulations to public investing. It is my humble opinion that instead of trying to implement radical and unprecedented regulations to restrict public trading that you focus your time and energy on educating the general public. I believe the regulations proposed by Rule #22-08 will help continue the current trend of the rich getting richer and the poor getting poorer. I have been
I understand that government is trying to protect public from getting into ruinous investments, however currently existing mechanisms for risk management between brokers and investors are working well. I don't think that the regulators should limit what public investments I am making.
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public. I shouldn't have to go through any special process such as passing a test before I can invest in public securities, like leveraged and inverse funds. These investments are a key hedge for average investors like me to safeguard my portfolio
Why are you [REDACTED] trying to regulate and restrict every [REDACTED] part of our lives and letting the rich get richer and the poor get poorer? Let ME choose what is the right investment strategy for myself and my family. I don't tell you what [REDACTED] to do. You don't have the right to tell me what to do. Lay [REDACTED] off of my pocket book !!!
