Gokul Mukunda Comment On Regulatory Notice 22-08
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.
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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
I have years of experience using multiple funds and am an adult. I don't need anyone infringing upon my right to use my own hard earned money how I see fit. If spending money on liquor and beer or Vegas is allowed, how can you possibly regulate investments like this?
I am advocating for the peoples right to choose what types of things to invest in. I find it an insult and huge impingement on my freedom to be prosperous. If the government takes responsibility for those choices, are they willing to saddle the liability? Allow adults to be adults and they will rise. Treat people like children and they become your children, and don't think for themselves. Empower the people with choice.
This is a free market. Our investments should not be regulated.
I oppose restricting my ability to choose the funds I invest in. A great example is I recently took a small position in TBT which has cushioned the downturn in my bond holdings allowing me to continue to receive the income the bonds provide. You will be removing an essential tool from the investing public.
Inverse funds are essential hedging investments for long term investors when the market is in a bear trend. DO YOU JUST WANT THE PUBLIC TO LOSE MONEY DURING BEAR MARKETS???
It doesnt make sense to have all these requirements to buy complex investments. Investors need to take responsibility when they make a purchase that results in a big loss. It is common sense to do research and manage your own risks before buying complex securities. It is not fair to have investors meet all these requirements before a complex security is brought. By doing basic research on the internet, anyone can find out the risks in buying complex securities to make a decision. I have traded leveraged ETFs for years with no issue. I have no financial background.
You cant even invest your own money wisely, what makes you think you should be determining how I invest?
I want to be able to invest in leveraged funds. Thanks