I oppose limitations to be able to invest in leveraged funds such as ProShares funds. You should not be able to limit my ability to invest in what I see fit.
To the SEC:
Please do NOT adopt the proposed rule!
I have included leveraged and inverse leveraged funds in my portfolio for well over a decade. I understand the concept of volatility drag and as an antidote, I employ modified dollar-cost averaging to lower my cost basis.
It seems criminally unfair for one branch of the government the Fed to create an overinflated market, only to have another
Let Us Invest, no regulation
Please keep your hands out of my pockets. If people want to invest they should just be able to invest. This government was formed to provide liberty and freedom, includes the freedom to be stupid.
I recent got the citizenship. In the civic test I learn that the freedom is one of the core value of American. I should have the freedom of choose what public investments I want and take the risk I am willing to take. This should include the inverse funds. The inverse funds is a very important in my portfolio. I have long term investment which are regular funds. But at a high position, instead of
I would like to continue to invest in leveraged funds. A test is excessive, but a simple video that must be viewed would be okay
I object to proposed rule #22-08. I believe it is the investor's responsibility, or in other words, my responsibility to choose whcih investments are best for me. I shouldn't have to go through a special process to dietermine if I'm allowed to invest in a publicly available investment. This rule appears to me to restrict certain investments to select few that meet
1. i sh0uld be able to choose public investments not regulators.Leveraged&invers funds are imp. for my investment.
{I should be able to invest my money where, when and with whom I deem necessary. The government should stay out of my rights. They take enough tn taxes.
I feel strongly that FINRA's proposed rule (#22-08) is incorrectly applies 'investor protection' as FINRA's stated purpose is, specifically with regard to leveraged and inverse products. As a user of such products, were these rules implemented, I would be forced to potentially re-create the same sort of exposure on my own which is a far greater risk to my own
