Larry Shaw Comment On Regulatory Notice 22-08
I am against restrictions that limit my investment options.
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I am against restrictions that limit my investment options.
I understand there are plans underway to limit the availability of certain funds deemed too complex for the average investor. As an average investor I say, "how dare you!" To decide what is right for me and restrict MY access to products like leveraged an inverse funds while allowing wealthy individuals to use these same tactics is just wrong. The playing field is already uneven. You want to cripple the little guy further?? These products allow us to access these strategies without armies of lawyers and tax accountants to keep us on the right side of the law. Are these risky? Maybe.
FINRA under the disguise of protecting the public only seeks to protect the professional traders who always take the opposite side of the public trades. Please do not take these tools from us.
I oppose to restrictions on my right to invest
Comments: Im a retail investor who takes responsibility and ownership of my trading and investing activities.
Leveraged and inverse products are useful trading vehicles for retail investors who dont have easy access to short selling, swaps, or other forms of leverage.
The products are easy to understand for anyone who takes the time to read the fund prospective and objectives.
I feel that FINRA should work to ensure retail traders have access to every possible tool that may contribute to investing and trading success.
This is a free market stop abusing your power, let investors invest at their own risk
I use inverse funds to "hedge" against downside risk in our portfolios and have for years. I want to be able to continue to do this.
I fear that FINRAs definition of complex products is so broad and arbitrary that it will be interpreted to cover simpler products. Please let us decide which public investments and securities meet our needs.
I am against more regulations that restrict the options of Americans to better themselves. Government over-reach
don't tread on me! let me make my own decisions and don't create ridiculous barriers