Michael Jarman Comment On Regulatory Notice 22-08
Comments:Please don't make risk choices for me regarding what instruments I choose to purchase. My entrepreneurial risks must be my own in this free economy.
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Comments:Please don't make risk choices for me regarding what instruments I choose to purchase. My entrepreneurial risks must be my own in this free economy.
believe in "Right to Invest". Every individual in the Free world must have the "Right to Invest". Every Financial Tool & Instruments must be available for all not just the handful few.
I'm not in support of the regulation.
We have every right to invest on leveraged etfs.
I oppose restrictions to my right to invest in public investments. I should be able to freely choose the public investments that I want to invest in without anyone interfering in my free choice. Public investments should be available to all of the public.
Hello, As a person who has personally traded leveraged funds for years it would be detrimental to both myself and my family to be restricted from doing so. I do not feel that it is appropriate for you to restrict us from trading these funds. Leveraged funds are a key part of our investment strategy and we understand the risks associated with them. We feel that if we choose to invest our money into them then that should be our right to do so even if they present risks. We should not be forced to get a license or take a test to continue trading the way that we have been doing.
I would like to submit my opposition to the actions to restrict access to certain funds that are deemed "complex". The funds are the small investors only ability to hedge their accounts against certain market risks. Without them we are left exposed to unnecessary risks. It's a bad idea to restrict investment opportunities. The reality is that these types of funds may be the only ability to make gains should the market go into an extended flat or down period.
I'm a firm believer in freedom, there for I object to regulations/ government over reach, on our personal investments. Government is supposed to protect us from foreign enemy's and uphold our Bill of rights, and follow the constitution. We the people can take care of our selves.
The proposed additional regulations of BITO are ridiculous. They are vague and unworkable. Under FINRA there are plenty of protections. If you kill it there are plenty of other ways to trade Bitcoin though less protected and more dangerous.
Hello, I have been an investor in 3x leveraged funds for 15+ years. They are an important part of my investment portfolio. Please do not limit my access to these important investments. Thanks for listening.
I am strongly opposed to limiting the ability of investors to buy leveraged index funds. I and my children have found long term investment in TQQQ and UPRO to have increased our retirement savings and college tuition savings considerably, thereby eliminating our need to go into debt.
Limiting these opportunities to only high net worth investors only furthers wealth inequality - helping the rich get richer and everyone else further into debt.