My broker currently has requirements that limit my trading of stock based upon a criteria that includes net worth and trading experience. I believe that these requirements allow me to conservatively trade within the construct of responsible investing. These brokerage requirements far surpass the requirements necessary for real estate purchasing or other commercial investment that I have engaged in. My trading of leveraged and inverse funds have constituted a significant part of my stock trading portfolio has several years. The inclusion of additional requirements would reduce the amount of stock trading I would do and force me to choose other avenues of investing where I have limited experience thereby harming my future financial opportunities.
Gary Bedker Comment On Regulatory Notice 22-08
My broker currently has requirements that limit my trading of stock based upon a criteria that includes net worth and trading experience. I believe that these requirements allow me to conservatively trade within the construct of responsible investing. These brokerage requirements far surpass the requirements necessary for real estate purchasing or other commercial investment that I have engaged in. My trading of leveraged and inverse funds have constituted a significant part of my stock trading portfolio has several years. The inclusion of additional requirements would reduce the amount of stock trading I would do and force me to choose other avenues of investing where I have limited experience thereby harming my future financial opportunities.