John Wentworth Comment On Regulatory Notice 22-08
The LAST thing I need from you is MORE YOU. Stay out of this, I'll make my own decisions. I DON"T want your help?
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The LAST thing I need from you is MORE YOU. Stay out of this, I'll make my own decisions. I DON"T want your help?
To whom it may concern: Sir, I am an investors of leveraged etf and I am comfortable of trading. I know I can loss all my funds doing it. As as investor being not allowed to trade leveraged etf is not fair. People who trades leveraged fund knows the risk of this fund. So please do not let this happen even if I am a small investor, it is my privilege to be part of trading this leverage fund. Fairness.
Knowledge tests are okay (not ideal), but restricting by net worth and imposing cooling off periods are really, really bad ideas. These regulations would put retail traders at even more of an extreme disadvantage.
Let the people make there own choices, and keep regulation to a minimum.
Thank you for listining
Keith
Let the investing public decide if leverage is appropriate. Equity investors also use leverage to buy homes. Is this behavior going to be forbidden?
Everything's great until people start making money.. Hypocrites..
Leverage funds are part of my investment strategy on getting retired. I understand the risk I am taking using these products and I dont need to pass a test in order to own them. Thus far they have been the most successful part of my investing career. Please let us buy these instruments without the interference of the Govt.
Leveraged ETFs are not widely used by novice investors but allow experienced investors the ability to compete with large institutional investors.
It should be our right to invest what is best for our own families.Public investment should be available to the public. I oppose restrictions to my right to invest. Please put this notice into consideration. Thank you
Please let all investors to purchase leveraged products!