Lori Dillon Comment On Regulatory Notice 22-08
This is unconscionable and elitist. People should have the ability to choose their own investments without such interference.
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This is unconscionable and elitist. People should have the ability to choose their own investments without such interference.
Any restrictions on the investment opportunities of retail investors are fundamentally misguided. Though an increase in due diligence might be helpful in guaranteeing brokers do not offer inappropriate investment advice to their under-informed clients (which is already disallowed), anyone who is willing to read the prospectuses and understand the products they are investing in should be absolutely free to invest in any way they would like, without regards to any holding period restrictions or the like.
Comments: I am strongly against limited access to leveraged and inverse ETF's. They are not in any way conceptually confusing and they are always accompanied by significant disclaimers describing their short term nature and the extra volatility expected. Limiting access to these products would decrease my ability to effectively manage the risk in my portfolio, especially on the short side. Inverse ETF's make it far easier to evaluate my short exposure than the traditional shorting in my investment account. Please maintain access to these important products. Thank you!
This is a ridiculous rule to keep working people poor. Some of us want a chance to be able to grow our wealth to retire early . This is class war. Right now is a very uncertain time and we need to be able to build for ourselves a better future .
Everyone should be able to invest. This is free market capitalism, if we want to keep the benefits of free market capitalism, we must keep it a free market. These proposed rules are discriminatory, and its clear as day.
I do not need to be protected by my government or industry regulatory bodies acting on its behalf from the consequences of my investment decisions. The proposed rules will achieve only a limitation on the available investment options to those of us who have yet to earn our millions, and will make it harder for us to do so by removing higher return asset classes from the available options we can include in our portfolios.
Dear FINRA,
Public investments should be available to all of the public not just the privileged. I should be able to choose the public investments that are right for me and my family.
I have done my own research and are well capable of understanding leveraged and inverse funds and their risks.
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 have done my own research and are well capable of understanding leveraged and inverse funds and their risks.
The proposed rule is going to make the rich richer and create a wealth gap in this county that impinges on American rights to a free economy. I ask that you vote no on this bill.
It is a free market. Individuals have the rights to trade within their financial capability.
Really disappointed to hear about these potential new regulations further restricting the common man's investing choices. Why are you only allowing privileged investors access to these tools? In these volatile times, it's so important to me to be flexible so that I can achieve my family's investment goals. Please choose freedom over regulation!