Jesse Reyes Comment On Regulatory Notice 22-08
I'm against regulators putting restrictions on my investment choices.
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I'm against regulators putting restrictions on my investment choices.
I would like invest my money in things I like
Dear FINRA
The investing individual 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 oppose restrictions to my to invest in leveraged ETFs.
I am qualified enough to research on my own. And I am also able enough to make the best decision for myself and family.
Thanks for your time.
I should be able to choose what investments I make without the big hand of Government getting involved. Congress needs to butt out!
I oppose any limitations on my ability to choose and invest in public funds. There should not be any special processes required from, or imposed, on me regarding investment in public securities.
It will lose tax revenue for the state, limits profits.
Do not restrict my trades
I have been contacted by a website called "Let Everyone Invest" that says under the regulations being considered by the Financial Industry Regulatory Authority (FINRA), if these public securities are deemed to be complex, you may not be able to buy them unless you: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods during which you cant invest. I agree that FINRA should do all that and more..
Leveraged ETFs and options can help investors reduce their risk and be a great tool when used properly. In many cases, these tools can reduce an investors risk overall portfolio risk. To exclude their use by everyday investors is to put many of them at a disadvantage and possibly an even more at risk position. Simply buying and holding individual stocks can be much more risky, and the equities market would cease to exist if that weren't allowed.