William Bryan Comment On Regulatory Notice 22-08
It is my money, and I should be able to invest it how I please.Your policies will only hurt people trying to improve their lives.
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It is my money, and I should be able to invest it how I please.Your policies will only hurt people trying to improve their lives.
Stop regulating which investment vehicles are available to the public. Freedom means you have the right to succeed as well as to make mistakes. By takin away investment options in the name of protecting the public you are relegating all of us to mediocrity. Stop this now!!!!!!
Regulating what I invest in is probably Unconstitutional. I have invested in leveraged and inverse funds for years. I know exactly what I am getting into when I make these investments. The real reason you want to regulate what I invest in has nothing to do with protecting me. It has everything to do with large investors protecting themselves in some shape or form.
Do not interfere with DIREXION Funds. They provide an invaluable service for market choice.
After over 40 years of equity trading, I , as other investors, are careful to invest within our own comfort zone and abilities. It is easy to see and understand the possible consequences of leveraged ETF's as well as other funds. I feel the individual is capable of determining what instruments are appropriate for each individual. I feel regulation beyond providing information is unnecessary and restrictions of any kind need to be scrutinized to determine with whom they should be applied, if anyone.
I strongly oppose the proposed regulation limiting investment afforded ordinary investors. The proposed regulation would severely inhibit my ability to hedge and thereby protect my life's savings against adverse economic events. Events that in recent history have become common place. Further, with it becoming blatantly obvious that significant inflation is very much upon us, being able to stay ahead increases in the cost of living via leveraged ETF's (for oil and food based commodities for example) is imperative. This regulation must not be approved and go into effect!
This is dumb, maybe instead we should just educate people on leveraged funds more
Where are our freedom of choice? Are we following the trails of the Russians or other communist countries? You dont stop me from trading TQQQ after it falls down. How can I ride it up? Why do you discriminate against the public in favor of the wealthy? We are all equal. I am an adult and am responsible for my personal choices I make in my lifetime.
I, and only I, should be the one that chooses the proper investments for myself. Not regulators. You do not know what is best for me.
Do not take away my ability to make my own educated decisions about what I can and don't wish to invest in.