Saoirse McLaughlin Comment On Regulatory Notice 22-08
If theyre public then there available to *all* of the public. This is an elitist measure that will further financially disenfranchise millions of people. This cannot pass.
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If theyre public then there available to *all* of the public. This is an elitist measure that will further financially disenfranchise millions of people. This cannot pass.
This regulation is classist and assumes anyone not in possession of wealth is too stupid to understand these investments. Limiting specific investments to only high net worth individuals will only exacerbate the wealth inequality in our country and is the antithesis of what America stands for. Anyone can learn to understand all of these investments and should be able to determine for themselves whether they are willing to risk their money on them.
Dear Representative
I would like to weigh-in on the regulations being considered by the Financial Industry Regulatory Authority (FINRA), to limit the availability of individual investors investing in leveraged and inverse funds, and other like investments without strict testing and special approvals by their broker.
I believe I should have (and retain) the right to make my own investment decisions, including the freedom to invest in cryptocurrency funds such as BITO and others.
Investing in anything, including ANY security or index, has inherent risks. Using intelligent analysis, certain risks can offer excellent rewards - again, with ANY security.
This law would restrict access and block more people from even having a hope to gain wealth themselves. Its evil and shouldnt be allowed to go through.
Dear Regulators,
Please do not limit access to these funds to high-income purchasers. These funds provided much needed funding for education, retirement, and rainy day funds I rely on regardless of income level.
Thank you,
I oppose limitations on my investment.
I am an experienced investor 78 years of age. The proposed new regulations on us citizens to invest in leveraged and inverse funds is completely against our foundations as a Republic. We, the American people, have a God given right to invest as WE see fit - not the government. These strategies are essential parts of our investment tools. The government has no right to hinder our financial freedom but only to enforce contracts, especially when this can severely harm us. The rules need to be untouched except in reducing the restrictions we already suffer at he hands of the government..
Please do not limit my ability to invest as I see fit!