Julie Simpson Comment On Regulatory Notice 22-08
I believe everyone should be able to trade these ETF's. Please don't take that away from us!!!
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I believe everyone should be able to trade these ETF's. Please don't take that away from us!!!
Only I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. The more government helps me, the more damage they do to me.
Private investors understand the risk. My question is why are you proposing this?. I dont see a public outcry of investors saying they were uninformed. Youre claiming a need to put out the smoke when there is no fire that started it.
Its important to me that I am able to invest as I see fit. Not how some bureaucrats see fit.
I am absolutely opposed to regulators choosing what I can/can't invest in for me. These measures do not need to be imposed on the public for their protection - it is a simple overreach of authority/power in an area it is not needed. Make educational materials readily available with updated information that allows people to make educated decisions and treat Americans like free adults instead of incapable children.
Im a college student so I dont have much, and Ive been investing with different platforms to secure my future. However if I cant invest in whatever company I choose, then that is ridiculous. If some investment choices are locked up to me especially because of my net worth then that is a huge infringement on my rights and I wont stand for it. Again Im a college student so I dont have much financially, but I ought to have the right to work against that.
Dear FINRA, I am very concerned that you are considering regulating how I can and cannot choose to invest. There is already heavy language used when an individual chooses to invest in a leveraged and/or inverse fund. Some of these funds are direct hedges to other investments an individual might have. Choice is something that is American. We do not live in a place where the government gets to make or limit our investment choices. Next thing you know the government will be deciding what house I can live in, whether I get to buy the car I want, what job I might be able to have.
I think this should be maintained due to our overall market sentiment
Why is it the govt feels the need to over tax and limit citizens right to make money? Maybe we should tax politicians or be able to fire you for the [REDACTED] job you are currently doing. Based on that Im supposed to believe you have my best interest in mind?
Stay out of my strategy please! I have been using leveraged ETF's for a long time and I understand the risk so please keep your hands off! Best regards