Michael Miller Comment On Regulatory Notice 22-08
I oppose restrictions on my rights to invest in public investments.
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I oppose restrictions on my rights to invest in public investments.
Gentlemen: When the rules to invest were changed in 2007,I lost 42.3% of my net worth in 2008-9 which I have not been able to restore/recover. Your threat to change the rules in the middle of the game I take as offensive in a free market environment in which to trade. The great majority of my investments are in ETF's which if restricted in any manner will without doubt devastate my portfolio (again). LEAVE THINGS ALONE ! Now my family is distraught dealing with inflation and can ill afford another setback such as the one you are proposing. Sincerely, J. Steven Beinhauer [REDACTED]
Hello, FINRA
We oppose Regulatory Notice 22-08. It is bad for investors and unnecessary and it is a dangerous precedent.
Investors should be able to determine for themselves whether or not particular investments are appropriate for my or my family's investment goals. It suffices for investors to know that ANY security poses inherent risks, or more often, volatility.
The ability to invest freely is a necessary component of Americans' financial security: Social Security and pensions often are not enough to meet all the costs families and individuals will face pre- and post-retirement.
I work hard and see the world going a routeto give the people back power over their lives and funds. Keep your corrupted hands and laws out of my kids future.
I want to be able to choose the Public investments that are
right for myself and my family. Public investments should be available to all of the public, and not just the privileged.
I feel that I should not have to pass a test before investing in public securities such as leveraged and inverse funds. I am able to understand these funds and their risks. These investments help my portfolio grow and hedge against loses.
Please allow investors to invest without limitations.
FREEEEEEDOM
I object: Thumb on the scale regulations. This doesn't do small investors any favors. A reverse split is one thing. To remove the ability for opportunity as a threat becomes real--- it becomes a question of loyalty, but to what risk. It would reason out, that, all short option plays be included in this regulation proposal.
The market doesn't just go up. it exposes opportunity and chance, with no guarantees.
Dear Sirs or Madams,
I am not sure why you are wanting to stifle individuals that want to take part in the free enterprise system. Your efforts to control an individuals freedom to invest should not be something you decide.