Dear Sirs, I feel that the potential new legislation is unreasonable and restrictive to our freedom to pursue personal investments of our own choice. It is a misguided scheme by FINRA and I completely reject it.
I fully understand that leveraged investments can cause a great loss in value should its price go down. I believe I should be allowed to take that risk if I choose to.
Publick investment shukd be available to all of the public.Privileged don't need as much to suplement there retirement account as working people. I shoudldin't have to go through any specjal process like passing a test bifore I can invest in publick securitiefs, like leverage and invers funds. There are help on for people who want to learn how to invest in leveraged and inverse fund.
Similar to your accredited investor restrictions in Alternative Investments, you are doing more than you are worth. If people are not researching/making informed investing decisions then that is their prerogative but why do you feel the need to restrict those of us that have? Another waste of tax payer dollars through a bureaucratic government agency pretend to play the role of parent
It is my opinion as an economist and business person that a free market is way more valuable than Government trying to protect people from their economic personal responsibility.
If you want to make a difference teach investing in early high school. We as citizens want less government, more personal responsibility and less intrusion to our basic freedom.
Please don't pass government regulations, regarding control of personal investment accounts.
I have invested and traded in stocks, mutual funds, ETFs, put and call options, leveraged and inverse securities, futures, gold and silver for 61 years. The US markets have grown and prospered because of innovation. When a market fails to meet the needs of participants, that market goes away on it's own.
The huge volume of shares traded in some leveraged securities is substantial
Each individual should be allowed to invest
Please stay out of our investing and how we soend our Money! It is not yours and YOU DID NOT EARN IT! PEOPLE WILL BECOME VERY ANGRY!
please allow me and other investors the freedom to access a broad range of of investments products that will help us secure a future