Paul Makowski Comment On Regulatory Notice 22-08
I should be able to choose what investments I want. I shouldn't have to take test to buy or sell my crypto. I don't feel that the govt should tell me how to make sure I'm financially independent.
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I should be able to choose what investments I want. I shouldn't have to take test to buy or sell my crypto. I don't feel that the govt should tell me how to make sure I'm financially independent.
Comments: Dont limit investors. They have the right to choose their own investments rather than be locked out and lose out on gains that priviledged investors get to have access to.
Risk is an important aspect of any investment strategy. I depend on these returns to fund my retirement.
I want to maintain the ability to trade inverse ETFs and leveraged ETFs w/o jumping through hoops.
Please allow us to have somewhere to go to protect our money!! The stock market pirates ripped me off for over 177 thousand dollars!! The tdameritrade pirates and hedge funds that have access to my account!!@! All insider trading and front running!! Business as usual!! :(
People need to take responsibility for understanding and placing money in these instruments. We don't need government intrusion. You can use the same argument for options. People generally don't understand them and if they don't they shouldn't trade options. If they do and lose money then it's on the individual.
I oppose the proposed restrictions, they are absurd and onerous to adhere to for investors. In this volatile market where buy and hold is foolish, often the only gains I can get are in the leveraged and inverse funds.
I don't think it's the government's business telling me what investments I can or cannot make or placing impediments in my path to make it more difficult or impossible. As long as the investment issues are above-board, public vehicles, and not fraudulent, scams, or money-laundering fronts, FINRA should butt out. If they are worried that we are endangering our financial well-being, don't. I can take care of myself as long as the prospectus is honest.
Public investments should be available to all of the public, not just the privileged. People shouldn't have to go through any special process like passing a test before they can invest in public securities like leveraged and inverse funds.
Leveraged and inverse funds are an important investment strategy.
I do not need these measures imposed on me.