Regulations preventing individuals not considered high net worth is classist, and potentially racist considering the socio economic demographics of high net worth folks. This has the potential of being illegal for its discriminatory language similar to historic red lining policies. I would also think, having more people invest would be of interest in a capitalist system, as it also has the
I am against additional regulation to restrict my access to public investments. Leveraged and inverse funds allow for an important option for me to invest. I review and analyze the risks/reward ratio prior to investment. I follow the funds with "paper trading" prior to making actual trades.
What an outlandish in early irresponsible thing for a public what did the official to be able to read where I put my funds that I have earned.
I have been investing successfully in leveraged and inverse ETFs for several decades, including currently. I am a non-professional private investor. I believe there should be no regulations which limit my ability to trade these funds like any other ETF or security. I should be able to chose the investments that are most suitable for me and my family, and these should not be available to just
To FINRA,
The Freedom to trade equities and other asset classes feels like a basic right without needing encumbrances to that end. I am a knowledgeable investor of leveraged ETFs that have returned twice annually as much as I would buying and holding SPY, QQQ or the like (1x leverage).
Any regulation that would impose more hurdles to my trading would feel like restriction, when my regimen of
I am aware of the risks associated with this investment and I intend to continue generating significant returns using it. Stop trying to push the little guys out everytime they get on the right side of a trade. Have some dignity, you're better than that. Yours Truly, -Matthew R. Kuennen
I not you regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. This is how people make their dreams come true. This is yet another infringement on people's freedom of choice and ability to pursue their passions I shouldn't have to go through any special process like passing
This country was founded on the idea that all are created equal and every law passed since has been something to bring more access to that equality and freedom. This country stands for freedom and the idea that anyone can work hard and build themselves up from nothing. The passage of this law stands in direct opposition to the ideals of this nation, to the great shining nation we strive to be for
Please don't ad any new regulations.
Leave my cryptocurrencies alone. You don't have a right to regulate everything.