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 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.
August 7, 2006
NASD is publishing this article to provide additional guidance to members regarding use of the Routing Method Code of "S" (Smart Router) on Route and Combined Order/Route Reports.1
For purposes of OATS reporting, NASD defines a Smart Router as a system that, based on predetermined logic applied to variable market conditions, determines without human intervention, the
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 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.
TO: All NASD Members and Other Interested Persons
The NASD Board of Governors is concerned that some NASD members may not have sufficient time to comment on NASD proposals published in Notices to Members because the appropriate person in the firm does not receive the notices on a timely basis. The NASD normally provides a thirty-day period in which members and other interested persons can submit
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 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.
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.
