Pak Enterprise Comment On Regulatory Notice 22-08
We oppose the limitations on our ability to buy Proshares.
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We oppose the limitations on our ability to buy Proshares.
I vehemently oppose any measure or regulation imposed on my behalf for investing of my own money. No one has the right to regulate how I choose to invest my money, test my knowledge, have a certain net worth, use a broker or get special approval from a broker. It is my right to spend, invest, or not, the money that I work for every single day and have since I was 16 yrs of age. Its preposterous to think that any official has the right to take away my rights, ban me due to the amount of money I have or dont have or determine my investment understanding with some created subjective test.
This could potentially deny me the freedom to choose investments, like leveraged ETF's, that could help me achieve long-term financial security. I should be able to choose investments based on the long-standing disclosure-based system, without jumping through even more hoops.
Do not block people from investing. You have some nerve. I am an accountant for high wealth individuals and those people do not deserve to be the only people who can invest. They know less than youd like to think. Why dont you put your energy toward human rights or the climate crisis instead. Stop being so greedy.
Please do not limit my investment options
This is complete over step on prohibiting the consumer who the SEC is supposed protecting to invest what they deem to be a safe asset.
Dear FINRA,
Please do not put special restrictions and requirements on select inverters.
Everyone should have equal access to investing. Allowing only select inverters to invest in all available in vestments creates a special class of society that have opportunity to hoard all the wealth and leave everyone else lacking. There is too much inequities now. Let's not make it worse by allowing special treatment for only certain investors.
If there is special concerns on some investments inform investors, not Restrict only certian investors.
Do not regulate my right to invest in what I choose to invest. You had your chance of regulating for over 10 years, and when the markets just decided to go down you want to regulate. This makes investing more and more looking like we are participating in a managed market that has regulators pick and choose winners and losers. That is very unamerican and will slowly degrade our markets that people all over the world look for when it comes to a free market. Every individual has the right to choose what they want to invest in and it is their due diligency that makes markets what they are.
I oppose to restrictions to invest or buy Proshares.
I do not want my rights to be taken away to be allowed to invest in leveraged and inverse funds.