Alan Peel Comment On Regulatory Notice 22-08
As an investor, I believe that I should be allowed to invest in products and take it upon myself to determine how best to invest my money.
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As an investor, I believe that I should be allowed to invest in products and take it upon myself to determine how best to invest my money.
I understand your desire to protect investors but you really cannot stop inexperienced people from gambling in a casino or buy penny penny stocks or high risk SPAC IPOs or Mime stocks. Let free market teach the lesson and let not the government regulate. Ok to regulate to some extent the retirement accounts but non retirement accounts should not be regulated. You may regulate some ETFs like TQQQ which are leveraged by you cannot regulate investors from trading options which can be even worse.
Leverage ETF provides mechanism for individual investor like me who has access to limited capital but still can make significant more money.
Investor are very much aware of that these are riskier Bets so are options, equity market as well where NVDA, AMD, FB, NFLX, RIVN, SQ, SHOP, SOFI stocks can loose 50% to 80% value within a span of 12 months. It is up to individual investor's wisdom and understanding to invest wisely.
Leverage ETF are Great way to make an impact if invested wisely.
I oppose restrictions to my right to invest.
I not regulators 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,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I have PhD which implies I definitely understand the complexities far better than most people.
It is my right to invest and protect
should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
I would choose the freedom of non regulated investment instead of being regulated to what I can choose to do with my money.
I oppose restrictions on my right to invest. Also, I oppose the government regulating my worth. Its all about tyranny which this administration has sold us out. Disgraceful!
Don't make this change. You guys already limit other [REDACTED] to accredited investors. You let the rich get richer and take away opportunities from us smaller folks
Please stop this regulation