I think I should have the right to select my investment in public securities. They should be available to everyone,not just the elite. Im quite capable of understanding the risks involved and use these instruments in my investment strategies. In fact Ive made a nice profit using leveraged and inverse funds and ETFs. They have also allowed me to hedge my investments and saved me money. They are less complicated than using Put options.
I dont believe it is fair to require us to jump through governmental hoops to place trades, that when used properly, are easier and safer to use, than alternative trades such as shorting stocks. The unavailability of these simple to use investments would be a burden on my trading and investment strategies
Please dont fix what is not broken.
Thank you
Glenn Morrison Comment On Regulatory Notice 22-08
I think I should have the right to select my investment in public securities. They should be available to everyone,not just the elite. Im quite capable of understanding the risks involved and use these instruments in my investment strategies. In fact Ive made a nice profit using leveraged and inverse funds and ETFs. They have also allowed me to hedge my investments and saved me money. They are less complicated than using Put options.
I dont believe it is fair to require us to jump through governmental hoops to place trades, that when used properly, are easier and safer to use, than alternative trades such as shorting stocks. The unavailability of these simple to use investments would be a burden on my trading and investment strategies
Please dont fix what is not broken.
Thank you