Daniel Widenhouse Comment On Regulatory Notice 22-08
Daniel Widenhouse
N/A
Why is the FINRA taking away my ability to invest in the investments that I choose? I am a 34-year-old adult and I know how to be a big boy and take the risks of what I'm doing. Some risks, like driving or guns, have regulations in place because of the harm they place on others. However, what harm do my investments place on anyone but myself? As long as the warnings are in place, then we should be free to regulate ourselves.
Leveraged funds are important for my investment strategy because I can use the leverage to increase my returns without as much effort on my part. I understand how risky these are. I have researched for months before investing in these leveraged funds and I think it is overreach on the part of the FINRA to impose these limits on my financial freedom.
Daniel Widenhouse Comment On Regulatory Notice 22-08
Why is the FINRA taking away my ability to invest in the investments that I choose? I am a 34-year-old adult and I know how to be a big boy and take the risks of what I'm doing. Some risks, like driving or guns, have regulations in place because of the harm they place on others. However, what harm do my investments place on anyone but myself? As long as the warnings are in place, then we should be free to regulate ourselves.
Leveraged funds are important for my investment strategy because I can use the leverage to increase my returns without as much effort on my part. I understand how risky these are. I have researched for months before investing in these leveraged funds and I think it is overreach on the part of the FINRA to impose these limits on my financial freedom.