John Daniels Comment On Regulatory Notice 22-08
Stay [REDACTED] out of my investment decisions., you Maxist [REDACTED]
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Stay [REDACTED] out of my investment decisions., you Maxist [REDACTED]
Leave my investments alone.
This rule is absolutely horrible and continues to kneecap the small investor, and rig the market in favor of the wealthy. This must not pass.
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. I do not need these measures imposed on by regulators.
I want leveraged and inverse ETF's they are a important part of my investing and trading program. Do not take them away.
I am writing to oppose restrictions to my right to invest in certain securities. These products can be very risky, and all investing has inherent risk, it depends on the person's financial situation and risk appetite. These restrictions are not representative of a free market, capitalism, or America itself. Keeping these complex products around allows investors to understand more pieces to the puzzle of the market, and use their risk to their advantage.
I have been trading leveraged elf's for several years and do not need any oversight or extra steps to be able to trade. I am executing a good portfolio strategy and do not need any additional oversight. Please stay out of my business.
There is absolutely no reason why leveraged and inverse investment funds should be removed from any individuals investment strategies.
I have been using them for decades, with some success and with some failure. But just as individuals with bad driving records are allowed to drive (and possibly harm others or themselves) those with less than perfect investment records should be allowed to invest. When I hear "I am from the government and I am here to help you" I worry. And I am worrying now!
I oppose the proposed rule changes from FINRA that may prevent or restrict investors from buying a broad range of public securities designated as complex products.
Do Not Change This Regulation