Bobby Oberfoell Comment On Regulatory Notice 22-08
Land of the free, let us trade freely.
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Land of the free, let us trade freely.
I fully support this regulation. As a senior, I have seen other seniors making totally inappropriate investments in complex high risk instruments. There is no reason that an investor should not be fully vetted before making these choices.
Hello, as a financial services professional I oppose SEC proposed rule #S7-24-15
As a former FINRA RIA, I have demonstrated the requisite qualifications to sell capital markets products to my customers. Gauging an individual investor's suitability based on net worth is not only misguided, it's also insulting. I should be able to invest in whichever product I deem appropriate. Particularly at a small amount. Without some bureaucrat's input who knows nothing about my investment strategy nor financial acumen. I don't rely on a broker to make financial decisions for me. Why should a regulator do that?
Why would you remove this option form the small guy. Yet just more proof you guys work for the elite and hate everyone else not in your class. It's honestly pathetic
Dear SEC: I object to your proposed legislation. I operate my portfolio based on recommendations from an investment group. I pay this investment group for their investment advice, and they have a track record with me. Furthermore, their investment advice comes with logical explanations.
I am very concerned to hear that you, as a regulatory body, want to take away the option for investors to invest in inverse funds. These funds are and have been a big part of my investment strategies over the years as an investment option to protect my downside risks in periods of market volatility. I, as an individual investor, should have the option to choose what I want to invest in.......not some government regulator. Additionally, i totally understand how these investments work and the risks involved.
The ability to freely buy inverse funds is absolutely crucial for investors, as they are among the best things that can protect against a down market. It's a given that ALL investments have risks, and many investors, including myself are well aware of the risks we CHOOSE to take. I strongly OPPOSE these restrictions.
The government should not restrict the people from investing in any U.S. funds on the stock market. It should be up to the individual investor to determine what is in their best interest. Please quit restricting any type of investment, that is not the governments job.
The ability to invest or trade using Inverse and Leveraged ETFs is critical to my ability to make gains. Especially when the government has the ability to completely destroy gains in the stock market through the Fed's money printing schemes, we individual investors need some way to go short on the market when it is prudent to do so. Just going to cash won't cut it either, since the dollar is being devalued daily and will eventually cease to exist.