Peter Jardine Comment On Regulatory Notice 22-08
Quit trying to make us a socialist nation. I feel we know how to take care of oursjelves. Its the only way i have been staying out of poverty. Pete jardine
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Quit trying to make us a socialist nation. I feel we know how to take care of oursjelves. Its the only way i have been staying out of poverty. Pete jardine
Do not treat adults as if they're all children. People should have the right to invest in what they choose to invest in, period! t?They do not need Big Brother telling them what they can and cannot do with their own money.
Hi - I think the new regulations you propose around leveraged ETFs are misguided and I'm hoping you reconsider. I love these ETFs and they work exactly as advertised, and I take responsibility for any losses I incur. Options are way more leveraged than these 3x ETFs and the rules you propose to put in place are way more onerous than the existing rules brokers have for options. I simply need to click through a disclosure agreement and that's it. This is America and people should be allowed to control their own financial destinies and make their own financial decisions.
Investors should be knowledgeable of what they are buying and the risks involved, the same as options. If you buy into a leveraged or inverse fund you should be aware of the risks and rewards.
I am against more nanny state regulations. We as individuals need to be able to make our own decisions.
People with high net worth are also incapable of making financial decisions, they just got lucky.
If this investment is inappropriate for individual investors such as myself, then why is it even an option? Just remove it for all investors.
I am totally opposed to my rights to invest in leveraged and inverse funds being restricted!! How and what I invest in is not the business of the federal government.
This is an unnecessary and burdensome regulation. I oppose it completely.
Dear FINRA Regulators,
I would like to oppose the restrictions on certain investments deemed as "Complex". As part of my investment strategy I would like to continue to invest in public securities such as leveraged and inverse funds without going through any special process. These investments are important for my future financial goals.
I use systematic investment strategies to hedge losses in order to seek long term returns. These are important part of my overall portfolio as I have a mix of these funds along with other individual stocks.
I not regulators 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.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds
and their risks. Regulators, you do not
need to Impose these measures on me.
I am a fully informed investor & 20+ year Investment Advisor who should be able to invest in levered & inverse funds any time. Ive been given the Prospectus before each trade. I know how they work. Dont take away my right to own them. That would be a huge government overreach & not a good use of taxpayer dollars.