This would be incredibly unfair and certainly not in line with our constitutional rights. We aren't in grade school and if we work and earn our OWN money then we should have a protected right to invest it any way we feel is best for us.
Regulators need to keep their noses out of investor's business. We should be free to choose which investments we purchase, or ignore. Not only does making regulations more strict go against the very nature of the United States, it could greatly endanger those holding positions in those securities as holders could be forced out at inopportune times leading to forced losses BY THE REGULATORS.
Please don't restrict my ability to trade "complex productswhich could include the leveraged and inverse funds. My net worth is relatively low, but I am perfectly capable of reading pertinent documents and I fully understand what my risk are when trading. I have been trading leveraged and inverse funds for years and want to continue doing so.
We DO NOT need more government intervention or regulation of my /our money!!
Its bad enough Wall Street is manipulated by the few and effects the many. ENOUGH!
This is over-regulation. It is unnecessary regulation.
Why treat investors as if we are children? Please give us some credit.
Frankly, this is infuriating!
Take a deep breathe and stop parenting for goodness sakes!
where is my freedom of investment.
We, not regulators should be able to choose what we invest in. No special process such as an exam should be required. We understand and trade at our own risk. No test can change that. Leveraged & inverse funds are needed in my portfolio. They require less cash and are not subject to earnings volatility or principle changes.
Regarding my right to invest in leveraged and inverse funds.........................I oppose any further restrictions and / or requirements regarding my right to invest in any products in which I choose to invest. I have invested in leveraged and inverse funds for over 20 years and I do not believe that these products need to be regulated any further. I understand the risks and I believe that
Thank You for your consideration of notice 22-08! While education of shareholders is an important role of Finra's to help protect investors, I feel it is equally important that this education doesn't cross the line into regulatory controls or restrictions of those investors. Thanks again for your consideration!
These products need to stay available for an overall portfolio and everyone should have access to these funds. They already disclose enough information for an investor to make a sound decision on the product and be aware of all the good and bad that comes with that product. There is no need to add additional regulations to these products especially requiring the investor to take a test. There are
