I am writing to express strong opposition to new rules that would further restrict investment of leveraged and inverse funds.
I have used these funds simply to protect my existing investments in the stock market. I know financial advisors who also do so. Already there are checks and balances in place in Ameritrade for trading these funds.
No further restrictions should be added.
I use the leveraged investments as part of my investment strategy with certain portion of my investment for a long time. I understand there is some risk with the leveraged investments but there are also opportunities in the other hand and it sometimes works to hedge other risks. I believe this strategy should not be limited or barriered by the new rule of the regulators which may affect the
Please keep your rules out of my investment strategy. I invest for myself and the well being of my family and leveraged funds are a significant part of my strategy. It is inappropriate to exclude the general public from investment vehicles that are available to the elite. It is also quite possible for anyone with more than an 8th grade education to understand risk and leverage.
It's especially important regulators hear from you in your own words. Please use the body of this email to customize your response.
As a citizen of the United States of America, this ruling seems to take away a freedom and would suppress our ability to better our financial success. We should able to "gamble" if we so see fit.
where and how much people invest their money is their business no one else..period. this is more government overreach to tax and fund pet projects and has got to stop.
Here we have people not elected officials overstepping their jobs..these appointed people making rules and regs has got to end. GET OFF THE CITIZENS BACK TO PAY FOR BOGUS CRAP.
Like millions of other Americans, I am quite capable of making my own investing decisions. Restricting the choices available to investors is not the right way to approach policy.
Regulators should appropriately respond when bad actors break the rules and regulations, but taking a blanket approach that impacts all investors is just intellectually lazy. You can do better.
Imposing these new hurdles to accessing inverse and leveraged funds greatly reduces my ability to build aninvestment portfolio toward a healthy retirement and a nest egg so that I can build a family, speaking as a young person. As anyone familiar with the principle of life-cycle investing will tell you, investing aggressively as a young person is key to maximizing returns. Please reconsider these
(a) If a party objects to producing any document or information requested under Rule 13506, it must specifically identify which document or requested information it is objecting to and why. Objections must be in writing, and must be served on all other parties. Parties must produce all applicable listed documents, or other requested documents or information not specified in the objection by
You should not be changing rules and who can invest just because something is complicated. The people are not requesting this change. Its my choice, to decide what I want to invest in and my personal responsibility to learn how to do it. We the people dont need to have the ability to do this investing of our own money on our own terms taken away.
We the world are all watching you, the SEC, DOJ, and for that matter our Government. We are tired of being taken advantage of, before you limit what I as a retail investor can buy can you propose and pass limiting how much Im taxed or the company I own to say 5%? I know absolutely absurd, just like your proposed rule.
