A. Its my right to make choices of my own investments
B. I started buying securities since 1973 . I have enough experience to make investment decisions.
C. The stocks securities I am holding represent own 5% of my total assets
D. I should not be subject to any investment restrictions
This rule is a bad rule because it takes away another freedom and choice for us.
I want to be able to choose my investments!
I shouldnt have to go through paperwork and regulations!
I know and understand the risks!
I ve been in the stock melt now for 2 years and I understand a lot about it!
This is supposed to be a free country, That should also be true for investing. We do not need testing imposed on us to invest in public funds. Please do not take away our ability to make money when stocks fall! Did you have to take a test to be a legislator?
All short positions should be transparent and recorded daily. https://www.sec.gov/rules/petitions/2020/petn4-758.pdf February 12, 2020 Vanessa Countryman Secretary U.S. Securities and Exchange Commission 100 F Street, NE Washington, DC 20549-1090 Re: Petition for Rulemaking on Short and Distort Dear Ms. Countryman: Petitioners signed below respectfully submit this petition for rulemaking pursuant
I absolutely think that this proposal to regulate or eliminate the ability of investors like me to invest in leveraged and inverse funds will hurt me and many others. These funds are NOT more risky than buying many individual stocks. The choice to invest in these funds should be made by investors not a government agency.
Hello, I understand that the markets carry inherent risk. I believe that if I myself am comfortable assuming that risk with the understanding that my investment may go to a $0 value then I should be free to invest in what I choose. Stocks are not a secured investment. I see no difference in purchasing shares of leveraged funds.
I often use leveraged and inverse funds to make directional trades in the stock market. I also use these types of funds to hedge other investments in my account. I understand the risks associated with them and hope that additional regulations will not be added that would limit my access to these types of funds.
It's on the diligence of the investor to know what they are investing in. If you believe buying and selling leveraged ETF's is too risky for investors what about regular stocks? Should retail investors take tests to see if they can trade public securities? The market is speculation, there is always risk.
I am vehemently opposed to limiting current investment vehicles. Better attention to be paid to existing companies who are not reporting accurately (ex: Twitter and TSLA). Anyone using leveraged ETF's are educated enough to understand potential risks. The same for any listed stock on any exchange.
I have watched the so called "meme" stocks have massive inflow over outflow and still drop like rocks. This is bizarre to me as a retail investor. I might be ignorant about this but I think it warrants investigation. Best, Richard
