People should be allowed to make bad decisions.
I am an engineer by training and regularly handle economic calculations and risk assessment for my job as well as my personal activities. I should not be required to take training or pass tests to invest as I do now; much less be forced into cooling off periods related to my investment strategies. To be clear, I am also one of the folks that paid back all my college student loans and am sick and
I oppose these restrictions. I must sign an annual agreement with Schwab that I understand the risks of ETFs. The ETFs are part of my investment strategy. There are enough rules and regulations today, we do not need any more.
I, a fully responsible citizen, has the right to invest in public investments. Public investments should be available to all of the public, not just the privileged. I oppose the restrictions on my rights to invest!
Prohibiting individuals from buying inverse and leveraged finanical products will greatly hinder the ability of invidual investors to implement an investment strategy that they have deemed to be in their best intertests only to benefit large finanical institutions and it's un-American. I strongly oppose this action.
Comment on SEC Proposed Rule #S7-24-15: I am a retail investor who has used leveraged ETF's for the past 12 years. I do not trade in these instruments but have purchased them over time, and have continued to hold them (all for at least five years). I monitor them daily and evaluate my portfolio vs the major indices on a weekly basis. I have included them initially at about 20% of my overall
Why would you want to restrict my ability to choose my investments? Please don't decide on my behalf in DC!!
The proposed rules are prejudiced and outright racist. Who knows better than the individual how one wishes to spend, invest or throw away their own money? Certainly no bureaucratic rule setter whose never met the risk taker.
I do not wish to have regulations impose on my rights to invest. This proposed Rule will be violating my constitutional right to chose once again! You chose to focus on those you continue to pass funds to bailout! Companies that have mismanaged their funds.
I have the right to make my own decisions which investments to invest in and not be told by regulators that I can't.
