I strongly believe that I, and not any regulator, have the right to choose what investments are suitable for me and my family. Publicly available investments need to be accesible to all and not to only a few.
I do not believe that special vetting or testing is in order. Leveraged funds and their risks are clearly explained in all materials.
I use these funds in my portfolio to fulfill specific
As a professional investor, I should be able to choose to invest in public funds and what's suitable for my investments. I use these inversed and leveraged funds to hedge my investments, I shouldn't have to go through any special process, like a test in order to invest in these public funds. I understand the risk involved in investing in leveraged and inverse funds, I do not
I recent got the citizenship. In the civic test I learn that the freedom is one of the core value of American. I should have the freedom of choose what public investments I want and take the risk I am willing to take. This should include the inverse funds. The inverse funds is a very important in my portfolio. I have long term investment which are regular funds. But at a high position, instead of
I oppose restrictions to my right to invest. I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I am capable of understanding leveraged and inverse funds and their risks. I shouldn't have to go through any special process like passing a test before I
Since this is a free country (USA) we should be able to make our own choices for investments. I do not need someone to test me to see if I am capable of understanding these risks. In fact I have purchased some of these and have been restricted from further purchases when I have tried to average down thereby locking in bigger losses rather than turning them into profits. They will go up and why
Comment Period Expires: February 16, 1998
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Executive Summary
On December 11, 1997, the National Association of Securities Dealers, Inc. (NASD®) Board of Governors approved the solicitation of comment on a proposed rule that would amend Rule 6530 to limit
I, not regulators, should be able to choose the public investment suitable for me and my family. Public investments should be available to all of the public, not just the privileged. I should not have to go through any special process like passing a test before investing. This is no different from a poll literacy tax. We are intelligent enough to know and understand the risk of any investment.
TO: All NASD Members and Level 2 and Level 3 Subscribers
On Tuesday, May 17, 1988, the following seven issues are scheduled to join the NASDAQ National Market System, bringing the total number of issues in NASDAQ/NMS to 2,945:
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BOFR
You are not regulators. I should be able to chose my own style of investment. It should be available to all of the public. I should not have to go through any examination or testing before I can invest into public securities. I understand leverage and invest funds and their risks. Leveraged and inverse funds are extremely important for my investment strategy. These securities help me to protect
The proposed rule that would restrict MY investments choices is incompatible with a free society. I am an adult and make my own decisions in regards to all aspects of my life, including my investments. FINRA has no role in restricting those decisions. I fully understand what a leveraged fund is, and what an inverse fund is, but that is not the main point. The main point is I should not, after 20
