Richard Milligan Comment On Regulatory Notice 22-08
Limit insider trader of the members of the US CONGRESS,
So they are not competing against my trade without any insider information.
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Limit insider trader of the members of the US CONGRESS,
So they are not competing against my trade without any insider information.
Inverse funds are a hedge in a portfolio and are very useful even to an intermediate level investor. For example, SH ETF is simply inverse of the SP500. Not complicated like a derivative or something!
I want to be able to invest how I feel is best for me and my family. Im tired of the elites squeezing the little people out of being able to make, or at least the chance, of making money.
The investor not regulators should be able to choose the public investments that are right for us and our family. Public investments should be available to all of the public, not just the privileged.
Please do not put further regulation on leveraged and inverse funds. Specific regulation should not be placed on individual market instruments and not others that are just as risky. It is better to let approved instruments be traded openly and without unnecessary impediments.
I am an individual investor with 20 years experience, I do not want my investing choices limited by the regulations. I use inverse and leveraged funds OFTEN to meet my investment goals and objectives. I understand the risk and proceed accordingly. Please do NOT take this valuable strategy away from me.
Its really not your right to block or restrict investors the right to choose what they invest in. If someone wants to leverage 3x 4x or 100x its their right and their risk. If they win big they win. If they lose it all its their own fault. Children need their hands held. Adults playing in the financial world need to take responsibility for their own actions.
Please stop trying to regulate away the investing public's ability to make investment choices for themself. You as a body can't know the individual financial situations of the public in order to make decisions on what instruments are appropriate.
Dear Sir or Madam,
I am writing to you because I received a notice that I will be restricted to buy leveraged fund. I do not quite understand this decision because I am clear about what I am doing and understand the risk behind it.
Public investment should be available for everyone as long as they follow the rules and do not violate any regulations. I believe I have the rights to buy any available investment in the market as I am aware the risk behind it and knowing I can afford the loss.
please do not pass. individual shall have the right to use those tools when they feel need. find other ways to regulate rather than banning tools directly.