Narquita Thornton Comment On Regulatory Notice 22-08
Please do not take away my right to invest.
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Please do not take away my right to invest.
We at Shri Advisors have been deploying Leveraged ETFs like QLD SSO as part of a Tactical Asset Allocation Model for our Clients for several years. Our Clients have been satisfied in the manner in which we carefully manage risk for their portfolios. Any restrictions placed in the trading of Leveraged ETFs will severely impact our ability to act in the best interests of our Clients. We request the regulators not to put any restrictions or limitations on the trading of Leveraged ETFs.
Since savings accounts are, for all intents and purposes, gone or making an amount of interest smaller than inflation in a good year, I should have every right to pursue investments that interest me even if my starting capital is a small amount. It's ludicrous to tell me I can't invest because I'm not rich enough. Public securities are just that . . . . public. If we have a capitalist society, then all of this is especially true.
I not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
What has this great country come to? As a regular investor in the market I demand the right to choose and make my own decisions as to which investments are right for me! This is still the land of the free.
I not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
I not regulators should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
We all need protection to some degree, but we need freedoms at the same time. A stronger proposal could guide the investments themselves to provide better details on the investment.
Please do not hurt, disparage, and/or insult the potential of the American people to make their own financial decisions.
I strongly oppose any restriction placed on my ability to buy leveraged ETFs. I am a "smart" Retail investor who has done his homework, understand the risks and volatility that come with these leveraged ETFs and I want to be able to continue buying them.
They have given me sizeable gains over the long term.
Trading using margin or options is much more riskier. Options have expiry dates and you go broke. Using margin guarantees you will go broke, because the broker will sell your stocks at the worst possible time.
I have been trading leveraged etf's for 10 years or more. I have never lost money in them. I feel that they are safe for me as I am very careful how much I invest, usually no more than 20% but usually 10%. I need them in order to preserve my lifestyle in retirement.