Hello,
My name is Christopher Francis Lewis Patterson. I am an non-traditional, first generation undergraduate Business Information Systems Major communicating to you in the midst of finals at CSUDH Dominguez Hills in Carson, California. There’s a lot of other details about me that you may find interesting relating to my upcoming dialogue, but that’s not what this comment is about.
I would like
Ladies and gentlemen, I urge you to not amend the rules regarding complex investment products like leveraged and inverse ETFs. I am an individual retail investor for whom these products are a necessary tool to manage risk in my portfolio. Many investors use them to hedge.
There exists many safeguards to prevent rampant speculation, and the rules in place as well as the efforts of retail broker
Hands off my choice to invest in public investments! Individuals absolutely have the right to decide which public investments we should have in our portfolios. Slowly but surely government overreach is destroying the rights of working Americans to freely live, work, invest and save for their futures. Prior generations invested as they saw best, and my husband and I and other working Americans
Stay out of my investment options Leave leverages funds alone so we can invest in them
Regulators should not be able to choose or dictate how much, we invest, save or spend our money .
Please have all investors around the USA have their own intention and freedom to invest!
Is America a free capitalist country for all of us or only for the elite and powerful like you folks in Congress along with your wealthy cronies?
I not regulators 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, not just the privileged.
I shouldn't have to go through any special process like passing a test before i can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse
Protect my ability to invest the way I choose
Use of derivatives was proposed by Anddre Perod of Harvard Business School in about 2000 at the HBS Investment Management lectures. Security markets are not a one-way street, he explained. It is a good way to hedge portfoliios, and with leverage it can provide an efficient use of capital so long as there is an appropiate risk discipline as volatility is maximized.
