John Wood Comment On Regulatory Notice 22-08
We as Americans should not be restricted in the market. We should be able to continue to invest in Leveraged and Inverse ETFS/ETNS
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We as Americans should not be restricted in the market. We should be able to continue to invest in Leveraged and Inverse ETFS/ETNS
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
This is [REDACTED]. They want to controll everything .
Please do not add restrictions to my right to invest in securities that I feel fit my personal portfolio. I have traded securities for several years and know the risks involved with leverage.
How Arrogant! You are putting up hurdles for no good reason. People should not need to pass a test, cool off or be forced to follow any nanny state idea. How little faith you have in people. This is insane and I guess it is finally time to organize and remove overbearing, outlandish, self serving humans. I bet you are doing this because of events like GME, wall street bets. You just want to stop individuals who can play the rigged game as well as the big boys.
Individual investors are more educated and have more educational resources than ever. I dont see that there is a need to limit individual investors in a way that is a step back for flexibility and individual choice. Limiting individuals in a significant manner as proposed simply creates a potential monopoly for registered financial advisors to offer services that an individual simply cant have access to on their own. Pricing of various sophisticated financial products has never been more competitive (better) for the individual. This would take a step back in its current form.
Gentlemen: I am a 75 year old retired individual who has been involved in the investment world for decades. I have chosen over the years to divest my funds for the sake of my older children, my grandchildren, and now younger children again. I am proud to be an older Dad. I need to have the ability to continue investing in investment strategies that fit for all ages, especially for youngsters who will need college education when I'm gone. I am strongly opposed to restricting my right to invest. Frankly, it's my choice not regulators.
Public investments should be available to all of the public, not just the privileged.
I understand that an unprecedented threat by regulators is being considered. The implications will be negative in a free market and this should not take place, I have been trading long and short term leveraged equities for many years, and feel it is my right to do so I know you can stop this intended regulations being considered by the Financial Industry Regulatory Authority (FINRA) Thank you
The right to free market economics is predicated on the ability to invest one's funds as they see fit. This rule would not only remove that core freedom but devastate the possibility of new market opportunities to be born. Financial freedom is one of the core values of our nation as much as freedom of speech and religion, it should not be interfered with!