I should have the right to choose my own investments and not have that decided by a regulator. Having access to a variety of categories is important. My best ETF this year is an inverse fund The risks are duly noted. I am appalled that you would want investors to test.
Leveraged funds are crucial to one of my investment strategies which I pair with options. Limiting their use will devastate my strategy while adding testing, high net worth and/or special brokerage approval requirements will adversely hurt the options market in these products.
I am smart enough to earn my income, I believe that I am intelligent enough to make my own investment decisions. Testing me to invest my own money is ridiculous. Please consider my view when deciding on FINRA Rule#22-08.
We should have the right to invest in public securities without having to go through any time of special processing such as; fees, taxes, testing, or cronyism.
We should be able to choose any public investments that be want to.
Thank you for listening to me.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds.
I am capable of understanding leveraged and inverse funds
and their risks. I do not
need these measures imposed on me.
Comments: I sign a release with my broker for trading 3x funds... Like any investing and trading, the person needs to be comfortable with the risks involved. There is not a test for a person trading a drug manufactures when they are working with people lives and the negative possibilities surrounding medical products.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.
I should be able to make investment choices without restriction. I understand that I can assess my own risks and do not need to be tested on my knowledge. I don't think people should be discriminated based upon what their net worth should be to invest in these products.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you.
I am opposed to the SEC Proposed Rule #S7-24-15. This rule discriminates against ordinary investors. Public investments should be available to public, not just privileged. There should be no test to invest in public security. Leveraged and inverse funds are important to my investment strategy.
