Please do not place restrictions on my right to invest in ANY funds, including leveraged.
It is concerning that more and more opportunities for folks to invest and further their potential to build wealth are being shut down. If something is "too complex," then there should be more education to help people to better their lot, not just allow a select few to be able to take advantage of rigged systems to make money hand over fist.
This is an insult to my ability to make decision to invest the way I want in a free market economy. Please do not pass this restrictive and unprecedented restriction on my freedom to do what I see best with my money!
It's especially important regulators hear from you in your own words. Please use the body of this email to customize your response. It is not right to try to take our rights away you will be er tell me do what to do
I invested in leverage ETFs for almost 4 years. I would not be able to reach my retirement goals without these products. I have already met all your proposed safeguards through Fidelitys control process, with the exception of a written test. Please have your legal team spend their time on more important issues. Your proposal is mostly redundant and an interference with innovation.
i think everyone should be given freedom
to invest. if allowed to do so. companies
can invest the cash to create new products
and earn money for the company. This may
create jobs. hostility toward anyone does not
solve economic problems
I support FINRA Regulatory Notice #22-08. Complex investment scheme should be limited as they're deemed to be highly risky for lay person. Greedy broker and fund investors take high commissions and fees while tricking people those funds are in high yield.
For people would like to invest, they NEED:
Pass a regulator-imposed test of your specialized investment knowledge
Demonstrate a
I don't believe anyone should have a right to impose on any investor's right to invest his or her money.
I am a PhD economist who has published three books on financial risk I also worked at Goldman Sachs and a major hedge fund as portfolio strategist and risk manager. We were very grateful to regulators for restricting retail access to the kind of levered and inverse investments that we used regularly to focus and limit our risks. However the simple truth-- which I will happy to publicly discuss
Individual investors should decide what they want to invest in, not regulators. Please don't limit that!
