Sandra Faltesek Comment On Regulatory Notice 22-08
Really who makes you god?
Really who makes you god?
Definitions of complex is subjective without parameters that define it with concise, precise and clarity. Limiting peoples ability to choose alternatives that can help mitigate loss when used proficiently also has a material impact. Please reconsider this proposal?
Thanks
Dear FINRA, I am dismayed to hear of your plans to impose restrictions on the types of public investments that I can invest in. I am an adult and you are not my parents. I am capable of making my own decisions about what I buy and understanding what I buy. Even if I weren't, it is still wrong for regulators to try and decide who is able to participate and who is not. I urge you to reconsider these possible actions and let the public make their own choices.
Attention FINRA. I have been licensed in the business for more than a decade. I saw the collapse of the financial markets first-hand in 2007 to 2009 and none of it was due to retail investors breaking laws or taking risks. It was the institutions.
This is a classist way to block the average American from a space that offers them opportunities, in a sick effort to keep the wealthy wealthy and the poor, poor. How disgusting.
I am concerned about potential regulations that would limit access to leveraged and inverse funds especially for small investors. I find these funds useful to hedge my portfolio while preserving cash. They are a useful risk management instrument when used appropriately. Rather than place burdensome restrictions on investors, FINRA might consider requiring more transparency from companies issuing such funds including more information on the fund returns compared to the unleveraged index over various time periods and tracking errors.
Average people should be allowed to invest to earn additional money or grow their wealth. Changing these rules further divides those who have and those who do not.
This will lock people out of being able to make a better future for themselves and achieving the American Dream, this will substantially hurt the economy and make getting ahead even more difficult
I am a young investor and do not want my future opportunities to be stifled by those who seek to benefit from preventing young people from creating generational wealth.
I oppose FINRA Notice 22-08. I, as an investor, reject FINRA's regulations that infringe on my right to freely access the entirety of the public securities markets without arbitrary restrictions.
Fill R. Swiconek