I find it it incredibly demeaning that the same people who want to do this to us refuse to regulate themselves. Laws against insider trading for Congress continue to fail while they try and tighten the screws on us. Secondly, this is another way to inhibit short selling. You can't just make us buy stocks and bonds and manipulate the market up and to the right. Let the market work on
To Regulators,
I staunchly oppose the proposed requirements to invest in leveraged ETFs and funds. I have invested in these funds for over 10 years and am fully aware of the risks. I am capable of reading the prospectus and understanding these risks. As a former financial advisor and principal, I have ALREADY passed a series of tests that prove my investment knowledge. However, even if I had
I oppose restrictions on my choices of investments.
I should be able to choose the public investments that are right for me - not regulators.
Public investments should be available to all of the public, not just the wealthy or politically connected.
Leveraged and inverse funds have been important tools for a middle class investor such as myself to help protect myself during volatility in the market. I am fully capable of understanding them. Losing access to them would be a crime to the middle class and small investor and a blow to inequality.
You are not smarter than I am. Please don't limit what I can buy and add more burden in doing so.
I am strongly against this special rule:Regulatory Notice #22-08.
DO NOT remove leveraged ETFS from the publics ability to invest. Stop hurting small and non institutional investors.
I am capable of understanding leveraged and inverse funds
and their risks. I do not need these measures imposed on me. What else can I buy to hedge my investments??
To whom it may concern, Instead of regulators choosing which investments I can and can't use, I 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. I shouldn't have to go through any special process before you can invest in public securities. If a product is complicated, there are already rules
The denial to freely invest without the need for Government regulation is the denial of freedom. Since the founding of our nation the ability to spend our money and have the opportunity to make it grow further has been our nations bedrock. Please do not meddle with our system that makes our nation so unique and special.
