Clive Jennings Comment On Regulatory Notice 22-08
I Truly believe that everyone should normally have rights to invest every on any legal investment as they please. I opposed such restrictions against investing freely. Thanks truly
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I Truly believe that everyone should normally have rights to invest every on any legal investment as they please. I opposed such restrictions against investing freely. Thanks truly
Please dont do this.
I vehemently oppose limitations on my being able to invest in certain financial vehicles, specifically my ability to freely purchase leveraged and inverse funds.
This will not go over well and will result in many long term issues due to the wealth gap it will exacerbate.
This is an over reach.
I want to be able to buy and sell what I desire without unneeded regulations.
To whom it may concern, In regards to your proposed rule, I am fully capable of understanding leveraged and inverse funds and their performance characteristics, and I dont want a third party evaluating my capability to do so and potentially preventing me from buying them. I want to state that leveraged and inverse funds are important to me, as they allow me to seek enhanced returns and help me protect my portfolio.
Having flexible investment alternatives is critical to ALL investors, not just the chosen few in the hedge fund and qualified investor ranks. The average person needs the same advantages that come with wealth and power.
Dear FINRA, I've been successfully trading Leveraged & Inverse Funds (ProShares), and using them as a hedge to other investments for years now. With the ongoing NEW rules & restrictions being considered by government and FINRA, trading/investing as an individual will become more complex than it already is!! (please don't try and make me jump through any additional hoops)!! Isn't being an Investor risky enough w/o you compounding the issue with trying to implement MORE control!(for your obvious benefit, not mine)!
I oppose this ruling. This will force many retail investors that are looking for leverage into more dangerous vehicles, such as futures and options.