William Couchman Comment On Regulatory Notice 22-08
People with my net worth ($5 million), education (MBA), and many years (60) of investment experience should not have to pass any other tests.
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People with my net worth ($5 million), education (MBA), and many years (60) of investment experience should not have to pass any other tests.
It is not the responsibility of FINRA to limit my access to publicly available investment vehicles. The investments under consideration for restriction have clear, concise, and readily-available prospectuses that explain the risks and further restrictions or tests should not be permitted. Financial and securities restrictions should exist to protect investors from illicit or deceptive practices; the proposed vehicles, being publicly available and subject to current regulatory oversight, should not be subject to any additional restriction.
Hello, Please do not make it more difficult for me to freely trade in leveraged and/or inverse etf funds. There's plenty of warning already and I think the volatility of these funds are less than Bitcoin, etc. Thanks for listening.
I oppose this restriction to my right to invest.
My comment is about options. The governance is too strict for credit spreads. They are the safest way to invest and build a small account. Yet, you have to have years experience and a large amount of money to qualify for level three options.
Hello,
We ask of you that please do not take away our ability to invest freely, as we have been able to do until now. This would add an extra burden and hinder the ability to be able to utilize means to help us. In times such as these, when so many are struggling, it is important for us to be able to try to succeed as much as possible in achieving our goals.
Thank you for your time,
Joseph Shajnfeld
We all have the right to own,buy, sell or trade cripto or gold or siverj
I am not a wealthy individual put I have been investing for years and have learned more about investing over that time. I am using leveraged investments and I believe i know how to use them. I don't always make money on an investment, but no one does. When I first started investing, I made some poor investments and lost money. I think warning people about things is good, but for the government to tell people what they should and should not invest in is a big abridgement of our rights and will ultimately lead to bigger problems in the future.
Please do not change the rules on leveraged funds, I use these frequently and love their place in my portfolio