Jagadish Nalluri Comment On Regulatory Notice 22-08
Please let investor select their own choice. Let investor know the product information and the included risks
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Please let investor select their own choice. Let investor know the product information and the included risks
Please stop deciding what is best for the individual investor. Let us choose.
Please let people make their own choices. If the funds are not illegal, consumers should be able to purchase for their own reasons. For me, it's part of a balanced strategy. It allows me to have a variety of different fund types, of which leveraged is just a small, but important portion.
It is not the role of regulators to allow what investors can or should invest in. Regulators should however look at conflicts of interest, such as congressmen and women trading individual stocks. Dont limit the options of everyday investors who are already at a disadvantage. Regulate the advantaged (make hedge funds report more information, ban individual stock trades for congress, etc.) and leave the disadvantaged alone.
I own an inverse fund that would be subject to the new FINRA 22-08 regulations if implemented. I object to those regulations. I fail to see why I or anyone else should have to jump throw new hoops to own any inverse fund. My reasons for owning it may be unorthodox I want to own something, less than 1% of my investments actually, that goes up when everything else crashes, so that I dont despair but it works. Please dont take that away from me which could well be what all the testing and other requirements would do. An inverse fund is like insurance against depression to me.
Please leave the investment options the way it is. We are savvy enough to understand the risk and make decisions.
Thanks
I oppose any restrictions on my investment selections. There must be no barriers on what I invest in and how I invest in it. I understand the risks associated with leveraged/inverse funds, and I choose to invest in them as a very important subset of my diversified retirement portfolio. It is important to investors like myself to be able to trade it without any restrictions. Please do not legislate any restrictions or barriers on leveraged/inverse funds. Thank you.
My right to invest in certain funds should not be based on my net worth or ability to pass a special test. A majority of my investment income is recieved through both leveraged and inverse funds. Removing my right to trade these public funds will be stealing money directly from my pockets only to give to the rich and privileged.
The proposed regulation is cutting off simple people from making money, leaving it only to big boys, questioning our democracy. I am against it.
Freedom of investing should never be restricted it's against foundation of what we believe of CAPITALISM!