Brian Luczejko Comment On Regulatory Notice 22-08
Let us invest how we want!
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Let us invest how we want!
It is an investors right to be able to access the entirety of the public securities markets. To limit this to certain high net worth individuals is discriminatory and likely easily overturned in court. Why waste the public's money on guaranteed litigation? Requiring testing before allowing investment is also a barrier to entry. What if I'm someone of lesser means, do I have to pay to take this test? That's likely going to mean I could invest OR I could take the arbitrary test. Again, this is discriminatory.
I'm retired, and I've been investing successfully for over40 years now and in that process have used both leveraged and inverse funds in the stock markets, as well as options and futures, in addition to investing in bonds. I take great exception to the FINRA requirements described in Notice #22-08 now being considered which would limit my ability to access some of these investments without jumping through a bunch of hoops.
I do not want regulators deciding what i can invest in. I have been investing in these types of funds for over 10 years... We understand and accept the risk. We can invest for our family. We are about free trade. Do not let regulatory screw this up too.
Please leave us alone! We invest at our own risk!
Stop the intrusion! I hold the responsibility of my familys
Investments and should not be limited to avenues set by
you the regulators. The citizenry must have the same freedoms to chose as large fiduciaries. Litmus test are not necessary.
Please let investors decide what to buy and when to buy, especially if they have risk appetite. For example liquid assets invested in market more than 100k
I utilize these products to hedge my portfolio to reduce the risks and increase the returns. I shouldn't need to qualify for this opportunity.
I have the right to invest!!
Dear Regulators,
I do not want my access to leveraged and inverse investment options to be limited. These are important for my investing strategy. I think everyone should have access to public investments.
Please dont take this away from me.