I oppose restrictions to my right to invest
There should be no provision that attempts to limit my right to invest in leveraged or inverse funds, that is my choice and no one else. What should ONLY be the focus is transparency as to the risks and accurate information provided through disclosures and financial reporting and that is where the regulatory emphasis should be.
Investors should have MORE options not less. Stop the nanny state!
Me not regulators should be able to choose the public investments that are right for me and my family.
I am opposed to new regulations that would prevent regular American people like me from owning leveraged securities. I am an adult, I can make my own investing decisions. I dare say I make better financial decisions for myself than the Government does. I do not believe that the SEC has my best interests in mind with proposed rule #S7-24-15. I want less government in my life. Not more.
Why does this need regulating no one should be in. Control of how to spend your money . If you want to throw your hat in the ring unschooled you should be allowed . This is un-American ! Spend time regulating the Gun control or drug control where people are dying !
These inverse etfs help me hedge my portfolio in periods of downturn. I don't beleive you have the right to tell me whatvto invest in. These are available for bigbinsitutions in some form or another and are easer for me to use instead of shorting individual stocks myself.
I am asking that you do not take away the right to invest in leveraged and inverse funds. I am 80 yrs old, understand very well how the funds work as I have used them for many years, both losing and gaining just like any other stocks and funds. They have always been explained very well without needing further involvement with restrictions and education.
These are legal investments and no one has the right to restrict these lawful trade vehicles.
