Ron Brent Comment On Regulatory Notice 22-08
Please allow all citizens the right to invest as lawmakers can!
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Please allow all citizens the right to invest as lawmakers can!
No more regulations.
This is very foolish. Yes, people can lose a lot of money with inverse funds, but they can lose a lot of money going long on any stock if they hold it too long. Bonds are not a good investment right now and neither are stocks. There is no other choice when the market is dropping every week than to buy inverse funds. Yes, you should never hold them for long, but anyone with a brain doesn't. Why do I need certificate to invest in these funds rather than any others?
You should be looking to approve more investment options. Not removing the choices we have now.
We are Americans. We have freedom to invest how we can!
I strongly feel that changeing the regulatory rules involving the ability for investors to choose the investments of thier choice would be a disaster. This would only benifit the the wealthy and penalize the small investor. Goverment regulators have a very poor record of getting thing right for the small investors. It is typicially insulting for regulators to think they can manage investment choices better than the individual. We do not need these measures imposed on us. Leveraged and inverse funds are important to my
I oppose restrictions to my right to invest. FINRA should give the public very good reason to restrict any form of investment
I am a financial professional. I used to work for market dealer and I was not allowed to trade options. Leveraged ETFs gave me the opportunity to get some leverage and get a piece of the returns reserved only for big players like Hedge funds and Investment banks. I started trading options after I left the broker dealer. I was fully educated and knowledgeable of how to manage risk. Good market returns should be available to all retail investors. They should not be reserved to Hedge funds and other market dealers.
You have your money we want to be able to get ours.
We not regulators should be able to choose the public
investments that are right for us and our family.
Public investments should be available to all of the public,
not just the privileged.
Not only do we have the right to share our views,
but the regulators are required to take our comments into
consideration in deciding whether to move forward.