Cong Pou Comment On Regulatory Notice 22-08
I AM STRONGLY OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST ProShares
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I AM STRONGLY OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST ProShares
I have been an individual investor for a long time and I use leveraged and inverse funds periodically, many times for hedges on my holdings. I do not see why regulators need to tell anyone how to invest, and they do not need to be in the business of protecting people from themselves. The prospectus clearly explains the risks involved in these funds. I should not have to pass a test to show my intelligence on this subject. If this is the case why not have people show their intelligence on investing in general? Why not impose these restrictions on options trading?
A retail investor such as myself require access to these types of investments to hedge against risk. During the 2022 downturn they have protected me to successfully hedge my accounts. To test knowledge or require accredited investor status reduces liquidity and advances the disparity between economic classes.
I should have the right to invest in what I want Enerything the government touches gets [REDACTED]
Please do not add more regulations to market. Keep investing free to all people and allow them to make their own choices.
This proposed rule is very concerning. I do not support this New Rule! It is not FINRA's responsibility to regulate the ability of individual investors aptitude when it comes down to their own Due diligence to take their own risk's with their own Money. allowing investors to access to these products grants them ability to maintain certain strategy's. It is important that the individual has that Decision!!
It important that individuals be able to choose for themselves which investments are in their own best interests in their own time table. I don't need a government baby sitter deciding if I am ready to make an investment or not. It's insulting to think some investments are too sophisticated for individuals who are not of a certain net worth. Please allow us to be free to invest.
I think there could be pre requisite but investor should not have such big hurdles.
I oppose being regulated or restricted not being able to trade in securities that I want to invest in. I strongly oppose this ruling!!!