I oppose the proposed rule that would restrict my ability to use public instruments in my investing. I have been using leveraged and inverse funds for about 20 years. I follow my investments quite closely and before starting to use these funds, I examined their pros and cons. Since then, I have come to the conclusion that leveraged funds are simply volatile instruments, of which there are many Is this the beginning of burdensome regulations on other investments?
I don't let my broker tell me what to invest in. Why would I want the government to intrude on my life in this way?
I understand that individuals of high net worth would be excluded from new restrictions. I'm tired of one set of rules for some people and another set of rules for others.
Leveraged and inverse funds have been around tor 30-40 years. Why, all of a sudden are these restrictions necessary? Is the American public becoming more stupid? Or is it that the government just wants even more control over us? This looks like another solution in search of a problem. It gives me the impression that FINRA already has too many employees.
Bruce Heitke Comment On Regulatory Notice 22-08
I oppose the proposed rule that would restrict my ability to use public instruments in my investing. I have been using leveraged and inverse funds for about 20 years. I follow my investments quite closely and before starting to use these funds, I examined their pros and cons. Since then, I have come to the conclusion that leveraged funds are simply volatile instruments, of which there are many Is this the beginning of burdensome regulations on other investments?
I don't let my broker tell me what to invest in. Why would I want the government to intrude on my life in this way?
I understand that individuals of high net worth would be excluded from new restrictions. I'm tired of one set of rules for some people and another set of rules for others.
Leveraged and inverse funds have been around tor 30-40 years. Why, all of a sudden are these restrictions necessary? Is the American public becoming more stupid? Or is it that the government just wants even more control over us? This looks like another solution in search of a problem. It gives me the impression that FINRA already has too many employees.