I'm not in favor of restrictions that punish intelligence and due diligence in order to protect ignorance. Making the system more fair with adequate enforcement against the bad actors that use detrimental activities to exploit and diminish shareholders equity would appear a much more effective approach to improving the systems performance. Naked short selling as an example.
ProShares has contacted me about you wanting to increase your regulation of investments. I agree with them and not with you. I dont want you telling me what I cant invest in or requiring me to pass a test to qualify.
SUGGESTED ROUTING
Internal AuditOperationsSystemsTrading
As of February 22, 1993, the following 44 issues joined the Nasdaq National Market,® bringing the total number of issues to 2,998:
Symbol
Company
Entry Date
SOES Execution Level
PHSV
Physicians Health Svcs, Inc. (Cl A)
1/22/93
1000
CEGE
Cell Genesys, Inc.
1/26/93
500
BSRF
BioSurface Technology, Inc.
1/27/93
SUGGESTED ROUTING
Legal & ComplianceRegistration
Executive Summary
The Securities and Exchange Commission (SEC) has approved an amendment to Schedule A of the NASD® By-Laws that permits the NASD to assess a $50 fee for the registration of each branch office and an annual $50 fee based on the number of registered branch offices or the number of registered persons associated
I have been a long investor in leveraged etf for 3+ years. I dont want to be required to pass tests to continue investing in it. And if people put money into it they should be prepared to lose it whether its leveraged etf or stock as I have.
I am writing this to let it be known that I should be in charge of my retirement investments not the federal government. I have enough knowledge to make these decisions and dont need to pass a test. Inverse and leveraged funds are important to my investment strategy.
I should be able to choose the public investment not regulators. Public investment should be available to all who want to invest not only for the privilege, I should not have to take a special test before I can trade. It should be my decisions
I disagree because I have the full rights to invest my own money into any assets I desire, and all investors should be aware of the risk as they invest. Tests should not be required as investors should be and are aware of what we are investing into
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST !! I don't agree with having to pass a test before investing in securities. I'm am quite capable of understanding the funds and their risk. Public investments should be available to all and not a chosen few!
I dont feel I or anyone should have to take a test in order to invest in any funds or etf. Im of sound mind and judgement and am very aware of the downsides of inverse and 2x investments. I oppose regulating my investments.
