As a citizen of the USA I should retain the right to invest my money as I please. I do not need to pass a test or go through any special process approved by a government agency to do so.
I agree with the limitations being proposed. Retail investors are not generally suitable for these products. If an investor is suitable they can pass a simple test to acknowledge their understanding of the risks similar to options or futures enabled accounts.
I don't support this idea. I have the right to decide which kind of securities I want to invest in. Leveraged securities are part of a specific investing strategy that I am testing in a smaller part of my portfolio.
I oppose restrictions to my right to invest. I already have passed tests to prove my competency. I want the same rights as members of congress. Bureaucrats mandating restrictions has been a proven failure.
to FINRA regulators dear sir I am aware of the risks of leveraged and inverse ETFs I don't want to go through special passing tests to invest in these funds.they are important for my investment strategy sincerely
Rule #22-08 is a violation and restriction to OUR FREEDOM! No special tests are required! We are free adults, and must be treated as such! And WHY are "Unelected Bureaucrats" writing and passing laws limiting our RIGHTS?
All individuals should be able to invest in public securities and everyone should be able to invest in what is right for themselves and their families. You shouldnt have to take a test or need special permission to invest.
This is an unAmerican and classist proposal. All Americans should have the freedom to invest as they see fit, not just the privileged alredy wealthy few. A test is ludicrous. Do not impose this regulation on the backs of the American public.
I can make the decisions about my investments rather than authorities. Also, no tests should be applied to invest in leveraged etc. investments, either!! Its the invest-ors responsibility!!
George McCleskey IV
Investors are capable of understanding the risks of inverse funds, and I do not believe that I should have to pass a test or that sales of inverse funds should be restricted. Otherwise only the rich will be able to take advantage of these things.
