Jack Schramm Comment On Regulatory Notice 22-08
When does someone have a right to determine what investment is appropriate beyond their own self?
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When does someone have a right to determine what investment is appropriate beyond their own self?
As an individual investor who has managed my own assets for decades, I protest any regulations which will inhibit my investment choices. You must be aware that the stock markets are manipulated from many directions--to the disadvantage of the individual investor. Thus the Buffet advice of just buy SPY and ride it out. However, some of us do notice and invest in trends with special funds like leveraged, or inverse funds---with a small portion of our portfolios in order to manage risk.
I oppose restrictions to my right to invest. It is already quite unfair that the rich have more opportunities than the poor and middle class. I made the sacrifice and did not spend all the money I made from my efforts so I should be allowed to with with it whatever I WISH NOT WHAT A GOVERNMENT THINKS.
To Whom It May Concern:
I would like to keep inviting freely
So please do not restrict
Public should decide about their investments, not regulators. Please do not interfere.
Re: Investing in leveraged and inverse funds I am submitting this because not only do I have the right to share my views, but the regulators are required to take my comments into consideration in deciding whether to move forward. 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. Leveraged and inverse funds are important to my investment strategies.
Let the investors decide the risks they are willing to accept. There is no reason for the government to get involved in the risk management of individual investors.
To the FINRA regulatory committee,
To whom it may concern:
FINRA needs to focus on making sure everyone has access to all investment options. If only wealthy get access to leveraged and inverse, then they will be only ones with wealth. All investors should have access to these styles of investment tools. I am more than capable to determine the amount of risk I can accept and having a broker or the government make that decision for me is not acceptable. Both of these investment tools play an important part in my investment strategy.