Vithal Chaudhari Comment On Regulatory Notice 22-08
I do not agree and like their approach. It MUST be free trading WITHOUT any restrictions and available to ALL traders.
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I do not agree and like their approach. It MUST be free trading WITHOUT any restrictions and available to ALL traders.
I would truly resent my rights to trade using any vehicle I choose that is legal and can be traded by others, professional or retail. It is my responsibility to understand the risks of whatever I trade and do not need a big brother looking after me. If I loose $$ because I do not understand something, that is part of my tuition of education. I am a grown up and responsible for myself. Please, no more regulations.
I oppose the proposal of restricting individual investors' access to complex investment vehicles. Market participants should have fair access to the investment options equally. The restrictions on individual investors fail to reflect the risk-taking abilities of the investors. It should always be the investors' own responsibility to understand the strategies and risks of their investment, regardless of the complexity of the product. It is not up to FINRA to make this call.
I resent that regulators are trying to straggle my freedoms with red tape. The last thing we need is more laws about choices I can make that are within the law. What we need are more laws and transparency in what the big banks are doing in secret, not individual investors.
Crypto is future of investment. Everyone should be able to take this calculated ridk
Comments: I am well aware of the risks of trading leveraged etfs and have been doing so for many years as a hedge to other investments. I would appreciate if as an investor I am allowed to do what Is most suitable for my portfolio.
Claimens to what is my own
Investors should have the ability to choose what investments to purchase based on their risk tolerance. Im not in favor of the proposed regulations.
I Strong believe in the blackchain technology and i know it still has the neccesary to give me financial freedom