Carter Randolph Comment On Regulatory Notice 22-08
Carter Randolph
N/A
I oppose the SEC Proposed Rule #S7-24-15 for the following reasons 1. It is a form of Central Control for the "government" to impose its judgement on investors about investment vehicles that play a key role in risk mitigation for portfolio managers. 2. It is way to impose additional costs on investors and barriers to market efficiency. When markets are made less efficient people will find new places to invest that are efficient, open and honest. 3. It is clearly an attempt to prop up the market in the short run for political benefit for the Democrats in control. 4. It is an extension of FINE CONFINE AND CONTROL of the PEOPLE in direct violation of PROTECT and SERVE. 5. There is no reason for this further intrusion by the Government into capital and investing markets - none. 6. It is ANTIAMERICAN and probably UNCONSTTITUTIONAL There is not reason to impose a rule like this except to eliminate viable risk reducing strategies from the investing public and to reduce market efficiency -- both of which are counter to the reason FINRA is here. I have a PHD in FINANCE and will be sending my expert opinion to my Senators and Congressman. Stop SEC PROPOSED RULE #S7-24-15
Carter Randolph Comment On Regulatory Notice 22-08
I oppose the SEC Proposed Rule #S7-24-15 for the following reasons 1. It is a form of Central Control for the "government" to impose its judgement on investors about investment vehicles that play a key role in risk mitigation for portfolio managers. 2. It is way to impose additional costs on investors and barriers to market efficiency. When markets are made less efficient people will find new places to invest that are efficient, open and honest. 3. It is clearly an attempt to prop up the market in the short run for political benefit for the Democrats in control. 4. It is an extension of FINE CONFINE AND CONTROL of the PEOPLE in direct violation of PROTECT and SERVE. 5. There is no reason for this further intrusion by the Government into capital and investing markets - none. 6. It is ANTIAMERICAN and probably UNCONSTTITUTIONAL There is not reason to impose a rule like this except to eliminate viable risk reducing strategies from the investing public and to reduce market efficiency -- both of which are counter to the reason FINRA is here. I have a PHD in FINANCE and will be sending my expert opinion to my Senators and Congressman. Stop SEC PROPOSED RULE #S7-24-15