First, thank you for taking the time to read through my concerns about the potential harmful changes that would strike at the core of small to mid-size investors. In our vastly changing world, the small-time investor is continually being squeezed out and further separated from the high wealth class, entities with super computers, and market manipulation. It's simple to say that I highly oppose any restrictions on any complex funds that are available to be publicly traded. It's not the job of anyone but the investor to know exactly what they are investing in and how risky a fund class or investment vehicle may be so long as the fund is truthful in its risk disclosures. I take great pride in continued development and education of my financial understanding. By taking responsibility, I can make my own judgement of the level of risk I need to take throughout each year and what vehicles need to be used to reach each goal. I expect the same for any investor that enters the marketplace. Through these investments in myself (by my own will and choice) I know I'm fully capable to protect my wealth and grow my future income. These potential regulations would directly threaten somethings that I've put 15 plus years into building and does exactly feel right. Even though my personal strategy uses both leveraged and inverse funds on a limited and appropriate time basis, the potential regulations threaten future income and tax revenue that these funds create due to their short holding periods. You would only be hurting the masses of individual investors that do the right thing and take responsibility for their own decisions when using these funds so long as the broker is not fraudulent. I ask that attention and valuable resources be moved to more pressing issues like educational programs that empower the new, young, and semi experienced individual investor(s) or maybe working to decrease elected public officials from taking advantage of the marketplace through shady brokerage firms. Thanks again for the time and work you all put in.
Kellen Tanner Comment On Regulatory Notice 22-08
Dear Regulatory Personnel(s),
First, thank you for taking the time to read through my concerns about the potential harmful changes that would strike at the core of small to mid-size investors. In our vastly changing world, the small-time investor is continually being squeezed out and further separated from the high wealth class, entities with super computers, and market manipulation. It's simple to say that I highly oppose any restrictions on any complex funds that are available to be publicly traded. It's not the job of anyone but the investor to know exactly what they are investing in and how risky a fund class or investment vehicle may be so long as the fund is truthful in its risk disclosures. I take great pride in continued development and education of my financial understanding. By taking responsibility, I can make my own judgement of the level of risk I need to take throughout each year and what vehicles need to be used to reach each goal. I expect the same for any investor that enters the marketplace. Through these investments in myself (by my own will and choice) I know I'm fully capable to protect my wealth and grow my future income. These potential regulations would directly threaten somethings that I've put 15 plus years into building and does exactly feel right. Even though my personal strategy uses both leveraged and inverse funds on a limited and appropriate time basis, the potential regulations threaten future income and tax revenue that these funds create due to their short holding periods. You would only be hurting the masses of individual investors that do the right thing and take responsibility for their own decisions when using these funds so long as the broker is not fraudulent. I ask that attention and valuable resources be moved to more pressing issues like educational programs that empower the new, young, and semi experienced individual investor(s) or maybe working to decrease elected public officials from taking advantage of the marketplace through shady brokerage firms. Thanks again for the time and work you all put in.