Gary Morgan Comment On Regulatory Notice 22-08
I am in favor of being able to invest in any and all of the assets described in the rule #S7.
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I am in favor of being able to invest in any and all of the assets described in the rule #S7.
I oppose the proposed new FINRA regulations that would restrict investment in leveraged and inverse funds. They are an important part of many investors portfolios, with good reason, as they can help maintain financial stability (as in recent months). Also the definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities.
As of this date/ ProShares stock is around 23$. Like all stock-you may acknowledge that you can lose money. There should be an understanding that it is suggested that you limit your investment. You may want to request that ProShares send out a letter of understanding of what ProShares is all about and the that the possible investor check mark each paragraph that was read and hopefully understood.
How are you going to restrict a mans ability to participate. Leave it for only the rich? Disgusting
I want to retain my right to invest in this type of investment!
Leveraged and inverse funds should be allowed as public investments, without the need for special training or high-net worth accreditation. I use them as a hedging strategy to reduce risk and exposure to market volatility. My investments would have increased chance of loss if these funds were not available.
Please oppose this
How about you let me decide my risk tolerance and stop meddling in markets. We dont need or want your help.
Greetings,
I fear that this campaign sets bad precedent on setting limitations regarding individuals' abilities to participate in the free market. If there is an issue regarding investor safety, then the best course of action is education, rather than restrictions/bans. The SEC shouldn't concern itself with overly coddling investors. I appreciate your time and consideration by turning towards a democratic forum to assist in resolving this issue.
Regards,
Samuel Lellis
Stop trying to control the people by limiting their ability to freely invest monies in any and all stocks, bonds and securities Stop [REDACTED] with people and taking away their ability to support themselves and their families.