Walter Porter Comment On Regulatory Notice 22-08
Let us individual investors decide if we want tp leverage our bets or not. We are grown up adults for the most part.
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Let us individual investors decide if we want tp leverage our bets or not. We are grown up adults for the most part.
It is ridiculous that FINRA puts in place rules which supposedly "protect" citizens, when in fact these regulations prevent ordinary people from making money on the stock market. Meanwhile, because regular people are excluded, Wall Street fat cats get to run rampant, making huge profits and taking money out of the middle class economy. As far as I can tell, FINRA protects Wall Street brokerages and high dollar investors with the claim that those who have less that 25K to invest or aren't licensed to invest for others are ignorant and unable to think for themselves.
I am fully capable of understanding and managing the risk of trading leveraged and inverse funds. I use them regularly as part of my portfolio. Restrictions on trading these funds will negatively impact my ability to manage my own investments. Hands off !
I oppose limitations on your ability to buy the Funds!
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. I'm capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.
I don't feel it is the place of FINRA to assess my qualifications to participate is the US economy. I do not need US regulators measuring my fitness to invest my money.
Hello, I do not need the government to protect me. If I fail to understand how a financial product works it is not the fault of the government but the fault of myself as I failed to educate myself. I personally have done very well with leveraged products as I bought in during a market crash and sold a while later.
I use leveraged funds. Don't restrict their use. No one is forced to use them.
Let us manage our investments as we see fit. Dont change how it currently is.
I'm an educated investor and myself 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. Being educated in the market allows me to use my knowledge to offset normal market cycles. Please consider voting no to this proposed rule.