I should be able to buy any stock offered publicly and not be required to take any special tests unless I decide to become a broker myself. I know the risks associated with owning any stocks and leveraged or inverse funds really don't pose anymore risk than owning any other stock. This is a free country and I want it kept that way.
I not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before investing in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their
Please don't limit our ability to choose what we would like to invest in, whether it's an inverse fund or exponential or both. I shouldn't have to go through a special process or test. I get warning already when I purchase or sell leveraged ETFs so I'm quite aware of the risks associated with the investment strategies. Thanks.
The proposed regulation of leveraged and inverse funds is a radical reach by a government agency to limit our freedoms! The tests, getting approvals, required reading, etc., are an insult to investors who use these investment vehicles as a part of their portfolio. To regulate these so that only the privileged few have access is discriminatory to say the least! This needs to be stopped in its
Comments: Dear Finra ,
I am a 90 year old (young) combat veteran of the Korean War , the stock market wars of the 1960's and '70's' and , for the better part of my working career , NYC taxi-owner driver .
Each situation requires an investment of a sort . My point in this limited space , is , if people don't do "due diligence"
I would like to assert that I want to have the freedom and flexibility to choose the investments that I deem appropriate for me and my family, especially leveraged and inverse funds. These funds allow us the opportunity to protect some of my existing investments. I don't wish to be subjected to any special process, like taking a test, before I can invest in them.
My right to invest in certain funds should not be based on my net worth or ability to pass a special test. A majority of my investment income is recieved through both leveraged and inverse funds. Removing my right to trade these public funds will be stealing money directly from my pockets only to give to the rich and privileged.
I oppose restrictions on my right to invest.
I should be able to choose what I invest in.
I dont need a test or special process to invest in public funds.
Leveraged funds are only a portion of my portfolio. They help me seek enhanced returns for that portion as part of my overall strategy.
It is anti-capitalist to regulate public funds that I have in my portfolio
People have the right to take risks on investments they choose to willingly participate. This is a tremendous overreach of freedom to do with one's money as they please. By this proposed rule's logic by FINRA, no one should be allowed to gamble without an approval process and testing (as well as cooling-off period) on how the gamble-based game they are about to play works and
I'm invested in a few products that I signed onto prior to prototype development. some of them needed the startup capital to build the prototype in the first place. Some only work within a full network of prototypes. Requiring testing limits creativity only to those with significant resources. This negatively affects investors and inventors and undermines prospective small business
