Mitesh Patel Comment On Regulatory Notice 22-08
Please do not take away these funds.
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Please do not take away these funds.
Dear Regulators:
I strongly oppose the proposed regulation that would limit or eliminate access to leveraged and inverse investment instruments.
These tools are a critical piece to actively managing a portfolio, and provide unique alternatives to individual stocks, passive ETF's and mutual funds.
Given the many events in the last several years that have dramatically affected the investing public, it is even more important to have every tool in our kit.
This is [REDACTED], this is the first of my actions to fight this absurdity
I should be able to choose the public investments that are right for me. I understand the risks and rewards.
Dear FINRA,
I am an RIA with a CFF certification and I am opposed to this. The proposed rule would put regulators in charge of my clients' funds. As a 12 year industry veteran, I understand the risks involved with these investments; consequently, any client considering these investments (which is rare, I might add) is *well aware* of the risks involved. Please consider not adding these rules. Thank you.
For the Leveraged and Inversed Fund Investment, I know what I invest in my portfolio and bear all the risk for all lost, so there is no need to measure imposed on me. Thanks..
Please DO NOT alter present (as of May 3, 2022) regulations and/or rules regarding investing in leveraged and/or inverse funds.
Put your kleptocracy where the sun doesn't shine!
Are you kidding? I'm an accredited investor, who has made 20% of my portfolio in (DDM), buying it on the dips, and riding it up over the past 15 years. You allow people to buy plenty of other products they no NOTHING about. Sometimes on Margin, but you want to limit my choice to invest in leveraged products? This makes NO SENSE, there are so many other products that are much more dangerous. And it's my money to invest in however I want!!!
Leveraged and inverse equities have been an important part of my portfolio for the past several years as an everyday investor. The last thing investors like myself want is additional onerous regulation by an esoteric body while institutional investors on wall street continue to be able to use a whole portfolio of investment vehicles increasingly out of reach of main street investors.