Michael Smilowitz Comment On Regulatory Notice 22-08
Please allow us to trade regulating the little guy will not help. This isnt necessary!
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Please allow us to trade regulating the little guy will not help. This isnt necessary!
I strongly feels against these limitations
I feel it should be up to investors to decide what they invest in.
I should be able to choose the public Investments that are a right for me and my family.
I 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.
More regulations no sirs. There are to many now that limit the small investors like me that contribute to the benefit of our economy and others retirements. With out this type of strategy available I will be pushed out of your system and take my money elsewhere . I am putting up with your current rules because I still feel I can get ahead with out risking it all. I feel the majority of people in the free market understand as I do . Do not infringe on us. We know the risks...sadly the regulators do not help increase anyones wealth but thier business cronies.
I object to the efforts of FINRA to limit my ability to invest in leveraged and inverse funds. Most of our monthly income comes from leveraged funds, CEFs, BDCs, MLPs, etc. I should not have to go through any special process like passing a test to be able to invest in the manner I want to. It is my money, I should be able to invest how I want.
Please allow the freedom for people to invest in what they choose.
I oppose restrictions on my right to invest in public investments. I should be able to choose any public investment vehicle that I decide is correct for my risk tolerance and situation. I shouldn't have to go through any special process to determine that. I am capable of understanding the risks without additional measures imposed on me. Leveraged ETF are important strategies I use to reduce risk in other investments and are part of my overall investment strategy.