Timothy Scerra Comment On Regulatory Notice 22-08
Every individual should be allowed to invest in their future in a
manner of free choice be it real estate or 401k , stocks or Cryptology , Silver or Gold ...
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Every individual should be allowed to invest in their future in a
manner of free choice be it real estate or 401k , stocks or Cryptology , Silver or Gold ...
Dear FINRA,
Your proposed rules for trading leveraged products especially net worth restriction will make rich become richer and poor become poorer. Rich will always have resources to meet regulations while poor will struggle to find time and resources to satisfy the regulations.
You should trust people to make decisions that fit their investment objectives regardless of their net worth.
FINRA, I oppose your proposed effort to regulate investments. I have been doing this for many years. I am 75 and very capable of choosing how to invest my money. I am formally opposing your extreme regulation of investment options. I want to maintain my current freedom to invest in public securities of my choosing.
Thank you,
William J Swartz
The government doesnt need to be in everything that people do with their money. Thats not showing this as a country of freedom. As it is were taxed for everything. When can the poor man have a piece of the pie.
Let me decide what to trade and invest in, please.
* Leveraged and inverse funds are key parts of my investment strategy.
* They may be complex instruments under the hood, but they have simple, clear investment characteristics, the latter being what is investor facing.
* Leveraged/inverse ETFs and their underlying indexes are SEC approved, so additional regulation is not necessary and would be duplicative.
I would like to protect my right to manage my own finance freely without any interference from government. Please stop any new regulations.
I strongly feel that it is my right to invest my money as I see fit, to include leveraged ETFs. I strongly disagree with any regulations meant to discourage me from doing so, or requiring a certain net worth or trading background. In summary, its my money and Id like to do with it what I like.
I live in the United States and we are supposedly free,so with that we should be able to invest in anything we want. And invest how we want. Why would our government even care how we invest. Give is backbour freedoms to choose what we want to do.
I should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before investing in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks.
Leveraged and inverse funds are important to my investment strategies. They allow me to seek enhanced returns as a limited part of my overall portfolio.