I'm a small investor and make about 40% to 50% of my capital gains using leveraged investments. I don't want that taken away from me and I don't need testing to see if I have the knowledge and ability to invest this way. I like being able to invest my way for me and family.
I should be able to choose the public investments that are right, including leverage and inverse funds. 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.
Leveraged and inverse funds are important to my investment strategies
I should be able to choose any investment, as an individual, that suites my needs. Without being tested or going through special approval. I have been investing in the markets since 1986. There are already many warnings when investing in leveraged funds. Please support a free and open market to all investors.
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 don't need regulators baby sitting my decisions on public investment options.
I should be able to choose the public investments that are right for you and your family. I shouldn't have to go through any special process like passing a test before you can invest in public securities. I see future in crypto currency and would like to make it part of my investment portfolios.
I strongly recommend that you do Not interfere with my right to choose which investments are right for me and my family. Public investments should be just that... Public!
I shouldn't have to go through any special test or procedure in order to choose my investments.
As always, I remain an informed and consistent voter,
I have been personally using leveraged and inverse ETFs in my personal investing portfolio. I feel confident that I can understand or learn how these vehicles work. I do not believe that regular citizens of this country should be legally blocked from using these tools based on official/regulated tests or levels of net worth.
Comments: If an investor is savvy enough to understand complex products let them invest. Are you going to take a test of investors to confirm that? You do not check the competence of our elderly supreme court justices or congressmen or senators or President who make decisions affecting millions but you want to do this?!!!!
Dear regulators, 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. Thanks! Shankang Qu
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend Rule 13606 of the Code of Arbitration Procedure for Industry Disputes (“Industry Code”) to provide that the Director (“Director”) of FINRA Dispute Resolution Services (“DRS”) will provide a copy of the official record of an expungement hearing held pursuant to Rule 13805, and any transcription if the recording is transcribed, to any customers, upon request, who attend and participate in the expungement hearing, or who provide their position on the expungement request in writing.
