Philip Schwartzer Comment On Regulatory Notice 22-08
I wish to continue to be able to purchase inverse ETFS or short stocks when I believe its necessary to do so! Thank you, For hearing my voice. Phil
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I wish to continue to be able to purchase inverse ETFS or short stocks when I believe its necessary to do so! Thank you, For hearing my voice. Phil
Please continue to allow me the freedom to invest in inverse and levered ETFs. Thank you.
Please dont take away my ability to trade these securities as it is a very important way for me to hedge the huge losses in my portfolio. This is very important.
I am a small individual investor and would like to continue trading these leveraged products and I fully understand their limitations and dangers. Please do not restrict their use for me and for other investors like me.
5/7/2022 ..Trying to freeze the market at a high - unrealistic price - will only destroy them. Lower prices are a good thing. It allows mostly young people - starting out - to establish a position at a better - more fair/value - price.
Have you noticed that markets go up and down? You should welcome vigorous price discovery.
Short sellers and inverse funds are the only force in the market that in a strong downturn are forced to buy back their positions which supports the market. It is a stabilizing force! Fair/Free markets work!
I have been investing in TQQQ for 5 years now. I use a quarterly rebalancing method that has benefitted from TQQQ's high degree of volatility. When it is high, I sell off a portion. When it is low, I buy more shares with the money set aside in bond funds for this purpose. I understand the risks associated with this product and trade accordingly. I recognize the possibility of losing my investments and only invest money I am able to lose.
Im writing to let you know I oppose this measure. I should be allowed to invest in what I choose. At my own risk.
I am writing to the FINRA to express my concerns about proposed restrictions that would inhibit my ability to freely invest in leveraged and inverse ETFs.
I am an adult and I am able to make trades of my choice.
I dont want to have to endure going through any draconian measures imposed upon me or my family members before buying a leveraged or inverse ETF.
I have traded ETFs of this nature in the past, and I have been successful and unsuccessful.
I am able to live with the consequences of my decisions.
I am greatly opposed to a Regulator taking away my rights to invest in legitimate investments that have been around for years. By interfering with these investments, you will damage investors already invested such as myself. Please stop the governmental seize of our rights and freedoms.
Absolutely ridiculous and offensive to restrict who can invest and who cannot.