Mark Doyle Comment On Regulatory Notice 22-08
Do not support this whatsoever
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Do not support this whatsoever
I should have the right to invest my money where I so choose, and that should not be decided by an outside party. We all have access to the knowledge we need and can make informed decisions about what we want to invest in. Please do not take that away from us. We are informed.
I will not vote for anyone that supports this. Free markets means the ability to trade those markets BOTH ways. This is nothing more than a plot to limit downside in markets. It's not fair, it's not free market, and it's not going to get my vote nor will anyone that supports this nonsense get my vote.
As a long time investor the idea that I can not understand the risks of complex and leveraged funds is ridiculous. I regularly use these type assets to hedge against things like the current rise in interest rates and do not require the government to hold my hand while I use them. The market is not a FDIC insured bank account and investors are regularly informed that they can lose money and if they are using leveraged funds that they can lose it in a hurry. Current broker disclosures when beginning purchase of these types of assets is sufficient.
I reject FINRA Regulatory Notice #22-08. It should allow everyone investing any stock or mutual funds in public.
I 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, in the spirit of free-market capitalism. No one should have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my strategies. They help me hedge my investments and obtain enhanced returns.
Placing regulations on the investment and retirement options could be considered racist. The requirements are definitely skewed towards a non minority race since minority populations could never meet the proposed requirements. This harmful precedence and regulation must not be approved.
Leave the status quo unchanged.
I do not agree on restricting independent investors to invest in protective investment categories such as inverse ETF's and other inverse traded funds to allow the benefits of securing my capital during down markets.
I oppose restrictions on my right to invest in public investments. You guys pull this crap every time there is a significant correction in the market,. Buzz off!