Anonymous Comment On Regulatory Notice 22-08
This is a disgrace to any mindful investor. I would sue FINRA, even if I hold licenses, if any further action is considered to restrict the core products I trade.
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This is a disgrace to any mindful investor. I would sue FINRA, even if I hold licenses, if any further action is considered to restrict the core products I trade.
I was directed here from an advertisement on Reddit. TL/DR: I fully approve of your work (in general) to protect the public from the cesspool of fraudulent "investments". This includes "complex" investments, and (in my own area of higher knowledge), all of the "crypto currency" and NFT and similar investments.
Comments: I invest for the long term. The leveraged products I invest in are very volatile, but they have shown themselves to be super performers for over a ten year span. I can easily withstand the volatility. Please do not limit my access to these types of funds.
Comments:IF it ins't broke don't fix it. I am 77 and invest solely in inverse leveraged ETFS. What are the alternatives? Puts where I can lose all my money in a matter of hours or a short sale where I face unlimited losses?If I can't invest in inverse leveraged ETFS, then no one should and you can just make them extinct. My guess is Wall Street has a poor record of recommendations for inverse ETFS. Maybe you should bar them as well? Don't you have something more important to do with your time? PRH