Arun Dutta Comment On Regulatory Notice 22-08
Comments: Brokerage Firms already provides warnings in connection with my investments in L&I Funds. No further restrictions required from FINRA.
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Comments: Brokerage Firms already provides warnings in connection with my investments in L&I Funds. No further restrictions required from FINRA.
I am against any restriction from the Regulatory agency to limit investors on what they feel / deem important to invest in such as inverse leveraged funds. Please no not allow such restriction.
I oppose restrictions to my right to invest:
I'm an individual investor and leveraged ETFs are a big part of my portfolio. I should be able to choose the public investments that are right for me. I do not want any measures imposed on me.
Dear FINRA regulators,
I'm writing to oppose Notice #22-08. Investors knows best for their investment objectives and therefore they shall choose the public investments that are right for themselves and their families. I as all individual investors am capable of understanding leveraged and inverse funds and their risks, and we do not need any measurements to impose on us. Public investments shall be available to all of the public without any restrictions or screenings, not just the privileged few.
Under FINRAs potential regulations, if your investments are deemed complex you might be required to: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods where you cant invest FINRA Should mind their own business and leave individual investors alone. We individual investors are smarter than you think we are and making individual investors and traders get special training or permissions to trade is wrong and should not be instituted.
Dear Regulators, Get your heads out of your collective [REDACTED] and allow the people of America to choose their own investments. You need us. We don't need you.
The private investors should be able to choose the investments he desires to buy in the service of building wealth for his family.
I have used leveraged and inverse funds to great success in hedging my bets against the changing investment landscape.
As an investor, I understand the risk associated with leveraged and inverse ETFs. Leveraged and inverse funds are important for my investment strategy. These funds are a small portion of my portfolio. I also use them to hedge my investments and to seek enhanced returns. As an investor I should be able to choose the investments that are right for me and my family.
I oppose new restrictions on my right to invest in public investments using leveraged and inverse funds.
I have read the the warnings and am capable of understanding leveraged and inverse funds and their risks.
No further regulation is necessary.
Thank you.
To whom it may concern:
I oppose restrictions to my right to invest for the following reasons:
1) I should be able to choose any investments that are right for me.
2) Public investments should be available to all, not just the privileged.
3) I shouldn't have to go through any special process before I can invest in public securities as I am capable of understanding leveraged and inverse funds and their risks.
4) Leveraged and inverse funds are important to my investment strategies.
Thank you.