Joseph McCown Comment On Regulatory Notice 22-08
Nobody needs to police my investment choices. If I chose certain vehicles classified as risky, that should be my choice and nobody elses choice.
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Nobody needs to police my investment choices. If I chose certain vehicles classified as risky, that should be my choice and nobody elses choice.
I oppose restrictions to my right to invest. How dare the government try to impede on yet another free right.
I oppose restrictions to investing in leveraged ETF's for individual investors. WE all get the information regarding risks to investing in these funds and as such should be permitted to buy, sell and hold these as we see fit based on our personal financial goals and needs.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, investing in public funds is a right and testing knowledge is akin to a poll test.
Public investments should be available to ALL of the public, NOT just the PRIVILEGED few.....
All one has to do is read what is provided by the securities to know, understand what they offer... It is a joke, insult to think I would need to take a class, pass a test to try to make money with MY MONEY.......
Leave us alone...
i do not need your advice on how I CHOOSE to invest MY PERSONAL WEALTH
To whom it may concern at the Financial Industry Regulation Authority,
People should be given the choice they want for their own investment. In a case like leveraged or inverse funds, I personally use them for taking advantage of temporary market dislocation or hedging, both for short term investments. Over regulating doesn't seem to be the right approach.
I am an investor in the stock market and some mutual funds and it is regulated enough.We don't need you to save us we can take care of our selves.