Please dont restrict my investment choices wrt levered or reverse etfs. Simply not your duty.
John Etherington
you've already locked us out of start ups with your "accredited investor" [REDACTED] - why can stupid people who are born rich get the best opportunities? now youre taking away BDCs, inverse/leverage etfs? stop SCREWING THE LITTLE GUYS
To whom it may concern. As a private investor, I should have the ability to choose investments that are right for me, and my family.... not the regulator!
Going through special processes such as a test BEFORE I can invest in public security such as leveraged and inverse funds, is limiting my freedom as an American citizen.
Leveraged and inverse funds are important investment strategies for me
You shouldn't have to go through any special process like passing a test before you can invest in public securities.
Explain that you are capable of understanding your
investments and their risks. Tell regulators you do not need
these measures imposed on you.
If people are too stupid too understand what they are investing in that is their problem, not the employees of the U.S. tax payers. Regulation should be used only in instances where predatory practices are taking place and can be proven in court. Regulation should not be used because stupid people lost money in risky investments. If you mitigate the risk in this area those stupid people will
Regulators should not choose what investors or traders can put their money to work. I have traded in inverse and leveraged ETFs and that is my choice and my risk. These vehicles are an important part of a trader's tools. Do not screw this up by denying traders the ability to trade these vehicle.
You should not limit my ability to invest in any fund I chose.
I invest in leveraged funds when the market index goes well below where I thin it should be and expect increased returns when the market recovers.
#22-08 will Kill Cryptocurrency, the freedom and anonymity of Cryptocurrency and it's Use is the attraction of Cryptocurrency
I oppose regulations that cut back my ability to invest in what I wish to invest in is not the government's business
I have seen countless people, both in my personal life and on the internet, lose money investing in complex financial products they never understood. Many times no explanation at all was available, and there was almost never a test to see if they could understand and retain an explanation if one was provided. I am only in my mid-twenties-- these people are meaningfully worse off for the rest of
