James McIver Comment On Regulatory Notice 22-08
Strangling financial literacy by refusing to let people make mistakes and learn is not only counterproductive but an anathema to personal freedom
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Strangling financial literacy by refusing to let people make mistakes and learn is not only counterproductive but an anathema to personal freedom
Too much government in our lives stay out of our investments
I want to be able to choose the public investments.
No Test or any other Process to invest.
Leveraged and inverse funds are important to my investment strategies. For example, currently I have 30% long term etf investment and have 10% leveraged inverse fund to help me protect (hedge)my long term investments which accounts for a limited part of your overall portfolio
To whom it may concern,
I oppose any regulation in my investment choices. Right or wrong, individuals must maintain the right to make their own investment choices. If regulation must be pursued, then focus on insider trading practices of members of Congress. This is where regulation must occur.
I oppose restrictions to my right to investment choice. You would be stopping me from free choice. I see these ETFS as an oppertunity that you would be taking away from me .
For me leveraged funds funds are a small part of a well thought out Pro-folio I have put together myself.
Im not some super rich person nor did I have to take a test!
This is a right all should have in a free market environment! It should stay the way it is!
The US Government is already much too far reaching with its regulations. More and more and more are added every year. Stop interfering in everyone's lives with your over-regulatory zealousness! Stay out of private citizens business! You're not our mother!
I feel that stopping the general public from obtaining the same possibilities allowed to those that are currently considered captains of industry is atrocious. It feels like the haves and the have not all over again while the government helps them suppress the potential of the common man in the name of government regulation. It is really just those in big business making sure people don't have the opportunity to thrive without paying them a percentage. This is unconstitutional at its best.
I am retired. I have been saving/investing consistently over the greater portion of my life. I have "various saving/investing buckets" of diversified monies/funds... conservative, moderate, aggressive, et al. My savings/investments are calculated/weighted with consideration to both the upside and downside potentials over a "longer-term-rather-than-shorter-term" horizon. I am opposed to additional regulations which might limit my options. There is sufficient information online to gain knowledge one needs in order to make informed decisions for themselves.