Yvonne Ranney Comment On Regulatory Notice 22-08
Stop running our lives. Stop trying to tell us what to think. Stop regulating what I invent.. It's my money not yours.
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Stop running our lives. Stop trying to tell us what to think. Stop regulating what I invent.. It's my money not yours.
I should be able to choose the public investments that are right for me and risk profile. Public investments should be available to all of the public, not just the privileged. Stop prohibiting growth of the middle class!!
The use of inverse accounts is one of only a few ways to hedge a personal portfolio without taking even more risk like options.
I oppose restrictions to my right to invest as this proposed rule would install. We need less regulation when it comes to investment opportunities for individual traders.
I should be able to invest my money as I see fit. There are to many regulations trying to tell me what I can and can't do. I work to earn my money and should be able to invest my money in what I think will improve my lifestyle. I oppose restrictions to my right to invest!!!
Please trust people to make informed decisions for themselves.
Everyone should have the same rights to invest.
I've traded stocks since 1999, and options since 2005. But I spent about 5 years or so learning about options before trading them in earnest. The problem is that nobody reads the fine print they end up sighing off on anyway. The reason is the Ts&Cs are too long and arduous. And they are too long and difficult to understand on purpose so people will give up and check off the block that says they read it, when they actually did not. The only recommendation that makes any sense to me is requiring a qualification test.
I agree that there need to be guardrails in place to protect inexperienced investors from using leveraged and inverse funds as high risk gambles that could blow up their accounts, but I also think that these types of funds add value to the market as well as liquidity. Therefore, I hope that these funds will not be taken away, but simply changed to require some type of training or confirmation of understanding about how they work before they can be purchased.
Stop taking another freedom of choice from your constituents. Enough is enough.