Why are we still having to ask for basic accountability in the year 2022? The reason is because crime pays and the self reportive market is riddled with fraud as the past several months of Sec fines proves there is a glaring problem. https://www.sec.gov/news/pressreleases The DOJ mentioned using the RICO act for a reason and it is time to implement a computer tracking system to get with the times
Leveraged and inverse funds are important part of risk management. These funds make it possible to use a small percentage of capital to risk manage the other side of a trade. There are plenty of SEC / FINRA regulation as well as documentation on investments to understand the risk. Should investors ignore reading the documents of any and all investments that is the investors choice.
The attemp of this measure on your part is clear You want only the rich to profit on events of future economic turbulence - not the low life non ruling class. Ive done my research and Im well educated on what these funds do. It doesnt take a genius or a class. Go find something else to regulate.
Dear Sir,
I have good understanding of leveraged and inverse funds and their associated risks. I think leveraged funds like TQQQ are well suited for my short term and long term investment strategies. And these are available to all of the public and not just the privileged.
Therefore, I oppose restrictions my right to invest in leveraged & inverse funds.
I am a dentist and experienced trader. I beleive firmly in my autonomy and select complex investments with their inherent risks. These leveraged funds are an essential compoonent of my well managed portfolio and my ability to meet my long term goals will be hobbled by regulations such as the ones proposed.
Please avoid regulating these asset classes in the manner proposed.
If regulators were truly concerned with retail investors well being there would be actual transparency when it comes to dark pools. There would be jail time for breaking the law, not fines that are rolled into the cost of doing business.
Dont worry about me and my money. Go after the financial terrorists that manipulate the stock market daily.
I do not support these changes. I should not need approval from my bank to make an investment. These rules are ridiculous! I consult with a financial advisor from a well known institution. These investment tools are risky, but I feel they are unique and productive. They are made up of reputable companies. Regulators should be more concerned about crypto. A real pyramid system.
Dear Elected officials of the citizens of the United States. I think investors and not the regulators know what's best for us. Investment products like " BITO " give us a chance to diversify our investments. With the money printing going on in Washington, I think this product will serve me well. Please let me make a choice with my money.
Comments:Why do you propose new rules when these are just fine? They give access to profits, previously only available in much higher risk commodity futures trading. Do you propose to limit that too? The risk and rewards are made abundantly clear, as they are stated in the prospectus. Just leave well enough alone. Ty.
Over regulation is hurting not only Stock Brokers ,it is hurting Insurance Agents as well. Regulators should not be able to kill an industry just so they can justify their jobs. With Fixed Index Annuities the suitability forms and requirements are beyond reason, and have killed millions of dollars worth of sales, and hurt millions of agents and potential customers.
