Seung Chae Comment On Regulatory Notice 22-08
I UNDERSTAND THAT LEVERAGE IS RISKY AND WILL ACCEPT IT IF I LOSE MONEY. I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
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I UNDERSTAND THAT LEVERAGE IS RISKY AND WILL ACCEPT IT IF I LOSE MONEY. I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST.
Only I have the right to determine how I invest my funds. I am the one who understands what risks I am capable of undertaking. Who are you to tell me what I can do with my very hard earned funds. Did any of you ever run a business? If not, you are not acquainted with what risk is. This is an outrage. Turn down these silly regulations.
Investors are capable of understanding the risks of inverse funds, and I do not believe that I should have to pass a test or that sales of inverse funds should be restricted. Otherwise only the rich will be able to take advantage of these things.
Individual investors should be the decision makers on where to invest, it is a cornerstone right; institutional investors have access to a variety of market investments and individual holders should have the choices and decide where to invest
You have no idea how your regulation will close off the ability of small investors to grow their investments to retire in a better space. Why you favor Wall Street and not Main Street, I don't understand. Public traded investments should be available to all of the people, not just the already rich billionaires.
Declaration of Independence was established are right to, Life, Liberty, and the pursuit of happiness. Investing is my way to pursue the American dream!
Picking and choosing who can invest in "complex" investment products is class warfare. If a product is a legal investment vehicle, everyone with the wherewithal to buy or sell it should be able to do so. Please do not limit access to investments like TQQQ, SPLX and the like.
While I understand the desire to ensure a safer environment for retail investors, that effort should be limited to what is clearly predatory or fraudulent. Leveraged products are key to many effective risk management strategies which would otherwise require the use of options (significantly more complex) or margin (significantly riskier), both of which are easily accessible to retail investors without much more protection than forcing their acceptance of a warning that those represent additional risks.
FINRA's proposed strangulation is equivalent to banning short sales. Martin Armstrong adamantly defends short sellers because it is they (us) who buy when panic selling has taken over. The proposed controls of levered ETFs/ETNs protect the markets by providing access to retail investors to short selling and without margin entanglements.
Tired of the [REDACTED] Let everyone invest