Funding is extremely challenging. Additional regulations are not the answer. I deal with "sophisticated" high net worth investors every day for fundraising for my biotech company. Most have less knowledge about pharmaceuticals than my special needs seven-year old son. These individuals would undoubtedly pass the proposed test, but they still won't have a clue.
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Please do not restrict the ability of retail customers to invest in Complex Products. In a market downturn, inverse ETFs/ETPs are some of the easiest ways to hedge against falling market. Placing what I view to be artificial restrictions on these types of products will hinder retail customers ability to simply survive a large-scale market correction. I am invested in a very small quantity of
Regulating what assets a person can buy is not capitalism. The regulators aka central planners are intentionally or unintentionally turning the stock market into a place where only the wealthy can invest and expect great returns. Instead of regulating the 100's of millions of individual investors your energy would be better used regulating the trades of our congress men and women who
It is MY RIGHT as an American Citizen to chose what I invest in on what my needs and what I can afford to invest to hopefully have something to leave my Children when I'm dead and gone! Instead you Democrats are breaking laws everyday! Putting [REDACTED] ideas in American Peoples minds! Every one that is involved in this mess needs and should step down immediately before that chance is
Here is my comment bellow.
We have been facing global unexpected facts past two years.
Ex.: Covid. We were not prepared for the covid. Global economic just crashed. Not only in USA, but global.
Ukraine war. Who does believe that there is a war with bombs, real weapons war in century 21th? Did you believe it in the beginning of March? No.
FED action. FED action has been disaster.
As someone who regularly and frequently invests in publicly traded securities it is my view that the federal government and its agencies do not have the right to tell individual investors what we can and cannot invest our money in. How or when I invest my assets is my decision and should not be limited by anyone. Federal regulators cannot know or understand the individual investors risk tolerance
I've invested in closed-end municipal bond and infrastructure mutual funds for 30-years that use a small amount of leverage to enhance performance. They give me much better and more stable returns than any government bond without the individual stock risk of owning only a few individual stocks. Your new rule would not only potentially lock me out of investing in what I want, totally
I oppose restrictions to my right to invest.
I not regulators 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,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and
Comments: I've been using leveraged ETFs for many years and am well aware of the added risk. My experience is that the risk of the leveraged vehicle is not much different than investing in individual stocks. It is easy find examples of stocks that are far more volatile than the leveraged product. For example, a two year chart of ROKU with TECL would show that the leveraged ETF was a much
I have been investing - on my own using my own methods - for over 30 years and don't need the Government to tell me how to do it. I fully understand the risks of leveraged and inverse funds and us them diligently as part of a balanced portfolio. I do not need additional regulation imposed on me. In fact, it is my current positions in leveraged inverse funds that is protecting me in the
