Jacob Rush Comment On Regulatory Notice 22-08
The same opportunities and strategies should be available to the general public as long as everyone is made aware of the particular risks of any investment strategy
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The same opportunities and strategies should be available to the general public as long as everyone is made aware of the particular risks of any investment strategy
Leveraged funds are very important to my investment strategy. I use them for brokerage accounts and my retirement accounts. Public investments should be available to everyone.
I oppose restrictions to my right to invest.
If an individual can afford to invest in a company, mutual fund, bond, the index, etc; they should have the right to do so without restriction. As long as their investments are legitimate, then why refuse someone from investing in any market.
I view this proposed restriction is yet another restriction to small investors - not naive, but experienced with these products.
We know the risks - the brokerage firms have all the warnings before you can make a trade.
Tim
Over the past 6 months I have been investing a relatively small portion of my portfolio in leveraged inverse funds to hedge other portfolio positions.
It is difficult to understand how regulators would presume to require a 'test' or other special requirement to invest in these tools.
Dear FINRA,
While I do appreciate that there are regulations to protect the integrity of the financial industry, I'm totally flabbergasted and upset to discover that you may be taking away my rights (or making it extremely difficult for me) to purchase any leveraged or inverse funds!
Hello, Leveraged investments are an important part of my overall investment strategy. I do not need regulators deciding for me what public investments I should be making. I am FULLY aware of the risks involved in these kinds of investments, and they are used thoughtfully in my portfolio management. Please, leave this system alone.