Charles Matlock Comment On Regulatory Notice 22-08
Please dont regulate my right to invest. We are losing to many rights already.
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Please dont regulate my right to invest. We are losing to many rights already.
I oppose you
Limit my investments FUNDS.
It poses a severe threat towards market fairness. It's like locking people in home because of Flu, but except rich people. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
No more regulations! Enough is enough! I'm not even a professional trader and I know that overregulation is never a good thing.
Stop moving forward with trying to regulate my right to access and invest in the entire public securities market. We should not have arbitrary restrictions imposed on us. I am capable of understanding leveraged and inverse funds and their risks.Public investments should be available to all the public, not just the privileged. My father was very intelligent and started the investment plan for our family. With your plan to impose restrictions, as a farmer he would have been considered not qualified. So very WRONG.
Experienced investors, with a demonstrated asset base of over $1,000,000 need to have access to these products to balance the needs of the portfolio, and provide for the ability to arbitrage in a cost effective manner.
I oppose restrictions on my right to invest in public investments. You dont know whats best for me or the people. This is supposed to be a free market. So please keep it free and Do Not impose restrictions on the right to invest in public investments.
I oppose restrictions to my right to invest. This is a terrible thing to do. It is not going to do whatever your being told it will do to make things better. Just because another human being has not been able to become an accredited investor at a certain point in their life and or maybe never will. You should not shut them out of a better chance at financial safety and security in life. The people will hate those who do this because it is a rotten thing to do. Please do not. Stay human ..
Investing is the great equalizer that lets regular people achieve their own financial success. Adding more regulations stifle and restrict how those people are allowed to invest only limits their own freedom and ability to make that happen. A trade is an agreement between two parties, but these regulations are a third party - someone not even involved in that transaction - who feels they can decide what is best for the others who are doing the trade. Who can decide what is best for us, better than US?
This regulation is unnecessary. I take care of my own finances and have for many years now. I am informed and knowledgeable. Just because I dont have a high next worth, why am I considered any less capable than someone who does. Further, a law like this is unclear and arbitrary. Who gets to decide what constitutes a complex produce? Again, this is just unnecessary.
Interesting fact that I studied for and failed the Series 65 exam twice. I have two BBA's (one in Banking and Finance) and have NEVER failed an exam. Is this test rigged? Why not let folks invest in what they want? It's our money we have earned. Stop manipulating the market opportunities for the rich versus the hard working retail investor. Enough!