Daniel Taggart Comment On Regulatory Notice 22-08
I oppose FINRA Proposed Rule #22-08, and any similar legislation or regulation that limits my ability to make whatever investments I choose.
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I oppose FINRA Proposed Rule #22-08, and any similar legislation or regulation that limits my ability to make whatever investments I choose.
i SHOULD BE ABLE TO INVEST MY MONEY WITHOUT ANY INTERFERANCE FROM THE GOVERNMENT OR REGULATORS
I'm upset with anything that would prohibit my ability to protect my assets.I oppose any limitations on my investments. The FINRA scheme would hurt myself and other investors by denying us freedom to choose investments for our financial security, I want to go on record that I oppose this policy.
I wish that I could say how surprised I am that financial and/or governmental bodies are once again displaying bad behavior in terms of how they treat American retail investors, but Im not. The current practice of displaying a warning on risky financial instruments is QUITE sufficient. I can read, thank you VERY much. This has nothing to do with protecting individual investors from themselves and everything to do with protecting your fraternity from an upwardly mobile section of the proletariat.
What? Leveraged and inverse funds are extremely important for me to be successful in the markets for my family. What difference does it make what someones net worth is? Do not take away my right to use the tools that help make me successful in the markets. Whats next? I cant invest in a REIT, bonds, international, oil, gold, bitcoin or any other specialized etfs without proper training in that particular category? Makes no sense.
I am a Series 7 & 66 holder, as well as a CFP. While I do not typically recommend leveraged or inverse funds for clients, I do use these funds personally and know other investors who do as well. They are high risk, but our brokerages issue required reading before allowing us to invest in these funds. I understand the risks of these funds and strongly desire to continue to use them as a tactical investments for a small percentage of my portfolio. I was a teacher for many years and my personal retirement funds are still lagging from my state's minimal salary and contributions.
I oppose limitations to our investment freedoms. I use and rely on certain funds as a hedge against volatility and other strategies.
Stay [REDACTED] out of our lives you communists!!!!
I do not consider necessary that a client that is investing in complex products (such as a structured note) needs to have an options agreement in place due to the fact that the client is not executing options trades, it is the issuer of the product.
It sounds like you want to take away my choice and right to hire someone to take care of my investments. I am totally against this move. It feels like an intrusion into my life. An intrusion into the time and money I invested in setting aside monies to provide for my myself and my family in my retirement.
There is so much wrong stated in this proposed change!!!
The statement "This is America, land of freedom and choice" doesn't seem to mean much anymore to the "elite".