Eranga Kaneira Comment On Regulatory Notice 22-08
People should not be discriminated against based on their net worth.
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People should not be discriminated against based on their net worth.
This is America... Americans saw the terrible Government mistakes and over reach with Covid... Leave Americans alone... go after insider traders and criminals... This is not Cuba, Russia, Venezuela, North Korea.. Dont forget that.. we have self determination... Please read the Constitution and the Bill of Rights... The Founding Fathers said leave the people alone... Stop your government over reach... Just pathetic...
I 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.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
I am perfectly capable of managing my own finances. I do not need or want regulations to limit how I manage my personal finances.
This is truly absurd. This is America. We have the right to purchase shares of any stock or ETF we want. Let people have the freedom to choose. We are not children. Everyone is responsible for the decisions they make. And those decisions are ours to make.
I do not feel we should be held out of investing in any instrument of our choosing. It's my hard earned money and I should be able to invest it of my choosing.
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 funds
and their risks. I do not
need these measures imposed on me.
Three times leveraged funds have in detail the risks involved with investing in them. Investors should be able to make their own decisions on what they put their money in without the guidance or approval of any government entity. Quite frankly, it completely oversteps any authority given to a government entity via the constitution and should ultimately not even be considered. do not regulate who can put money into these, it quite frankly is discriminatory to believe only high net worth people should have access to investing into these.
The only people that these restrictions would benefit would be wealthy individuals with inside information. The Pelosi's have enough money. Stop stacking the system against people like me. Oh, by the way ... I vote.
We want to choose our investments the way we want - not you. We don't want to go through any special processes or test so we can invest in the type of investments we want - we are capabe of knowing what we or understand what we like when it comes to the type of leverage and inverse funds we want.