Lloyd Estes Comment On Regulatory Notice 22-08
Not your place to keep Americans from investing in product they wish to. Unfair playing field. Big money against small investors.
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Not your place to keep Americans from investing in product they wish to. Unfair playing field. Big money against small investors.
People should have the right to freely invest their own money in public investments without government interference. Part of living in a supposedly free country is the right to do as we please with our own money and this includes making mistakes. Imposing tests, wealth checks, and forcing you to go through a broker is closing off these opportunities to all but the wealthy and the privileged, and forcing a cooling off period can cause investors to miss opportunities. At some point they stop being "public" investments.
Comments: No. I don't agree with this proposal. Just shows that the market is biased towards institutions. If someone has 25k or more they should be able to buy whatever [REDACTED] they want and day trade if it has liquidity.
Allow people to make their own decisions. we are not children.
No, no, no! We do not need such regulations!
Dear Sir:
I am writing you to oppose restrictions to my right to invest.
I oppose rule #22-08
Why dont you guys go after the real criminals like Warren Buffett, the King of Insider Trading. How about all of the criminals involved in the 2008 meltdown? Did any of those people go to jail?
Within reasonable limits, consenting and legally competent adults should be able to invest how they please.
Limiting the general public's access to capital markets and leverage isn't the answer. Sounds like something a banana republic would do.
I oppose restrictions to my right to invest. I have been investing for years and I have over $300,000 in my portafolio of stock investments
Thank you,