Stacy Kocot Comment On Regulatory Notice 22-08
I feel it is unfair and discriminatory to limit what people are allowed to invest in, while allowing others to have the investment capability Based on their income or who they are associated.
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I feel it is unfair and discriminatory to limit what people are allowed to invest in, while allowing others to have the investment capability Based on their income or who they are associated.
Regulators should not be able to limit which investments are right for me or my family. It is not the government's role to determine what is best for me. I am responsible for my actions and take full responsibility for all investment decisions and strategies that I may take. Please stop trying to save us from ourselves and, by doing so, denying us freedom of choice and access to instruments that are readily available for the wealthy.
Do not regulate what securities I can choose to trade in. I use TD Ameritrade because I want the freedom to invest in any stock that I want, period!!
I am firmly against these proposed restrictions on trading leveraged investments by the general public by imposing more regulations. People should have the freedom to trade what they want to trade. This would benefit the large traders and give them unfair advantage over the smaller traders by restricting the market.
As an educated individual investor, I should be able to make investment decisions that are right for me and my family. I have a bachelors in engineering and a MBA. I shouldn't have to go through a special test before I can invest in public securities such as inverse and leveraged funds.
Restricting access versus possibly increasing margin requirement seems to be the better route.
This rule is obviously meant to hurt the little guy. If this passes, your corrupt intentions will be obvious to all. Sad!!
The United States possesses a free market. It is up to investors to be well informed and understand the investment choices that they are making. Restricting investments from investors based on specific criteria is a way of controlling or manipulating markets and is not ethical. What is being considered is not ethical. Stop trying to make our free markets restricted. All investors should have the right to invest in the vehicles of their choosing and the responsibility for their choices is theirs.
Please do not restrict what I may do with my investments. Small investors should not have to pass tests to show their intelligence concerning anything they choose to invest in. All investments should be available to us. I do not need or want these restrictions imposed on me, as I'm sure many of my peers feel as well.