If you are going to limit an investors preference to invest in defensive ETF's then you should not allow any ETF's. There is no law against puts or shorting. This change will simply disadvantage small investors . Stop trying to run our lives...you can't even run our government,
Do not limit my ability to purchase leveraged and inverse funds. You have done nothing to stop senators and congresspeople from purchasing or selling stocks when they have inside information, so DO NOT limit the rest of us. This would be ridiculous.
Dont pass the SEC proposed rule s7 24-15
Once again the Federal Government is going to try and decide what is good for the public, the same public that pays for everything. The only person that should decide how I invest MY money, is ME. If you are going to impose a "test" in order for me to show understanding of the financial instruments I choose to invest it, I guess you're also going to reimpose the "poll tax
The regulations being considered are discriminatory. As Capitalist it is essential to have the freedom to purchase the specific assets or investment vehicles on the open market that work best for yourself or family. As Sophisticated investors this is not robinhood or gambling. WE UNDERSTAND THE RISKS and have years of experience trading in the markets. [REDACTED]
This has all the hallmarks of market manipulation similar to what was seen during the Bush Administration in 2008. This type of manipulation wouldn't be necessary but for the incredibly loose monetary policy and failure to properly regulate IPOs, and especially SPACs, that seemed designed to take money from retail investors and give it to insiders. You can't possibly be worried about
You not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
No government agency should be telling a citizen where and how to invest their money. This is a massive over reach. Similar to forcing average citizens out of private equity investing.
The idea of the simpletons at the SEC deciding what investors can and can't do with their money is appalling to me. In a world where stock manipulation is rampant, perhaps there are other things you could do rather than assume that the public is too stupid to understand the risks involved with their investment decisions. Even if that were true, it should not be within the scope of the SEC to
