It is not the responsibility of FINRA to limit my access to publicly available investment vehicles. The investments under consideration for restriction have clear, concise, and readily-available prospectuses that explain the risks and further restrictions or tests should not be permitted. Financial and securities restrictions should exist to protect investors from illicit or deceptive practices;
This is another rule that is supposed to be good for the retail investor but is awful for the retail investor. Like the $25,000 limit set to day trading, this is just another tactic to keep the average American unable to even get a chance to get out of the day to day drudgery of paycheck to paycheck. We need to pass a test to trade something we've been trading for years? Cryptocurrency funds
I 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. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that I am capable of understanding leveraged and inverse
I should be able to choose my investments.
It is ridculous to only allow these type of investments to certain groups of people. Especially the most wealthy! If you are investing you should be responsible for taking that risk and that is it, not regulated. These are publicly traded securities that I should not be locked out of accessing through a test and should be free and available to the public
I 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. I shouldn't have to go through any special process like passing a test before you can invest in public securities, I like leveraged and inverse funds and I am capable of understanding leveraged and inverse funds and
Investing in Leveraged ETF's allows me the ability to gain more exposure to specialized funds and increase ROI. Since I don't have huge sums of money invested, I can achieve the desired outcome using these funds which offer me more flexibility over using a broker. I don't see any reason for investors to have to take a test since we are investing in Fund Managers to do
I do not agree with anyone deciding for me what I can and cant invest in I think it should be up to each individual just like I choose if I want to drink soda or candy which everyone can agree is unhealthy I feel the same regarding my money if I choose to invest at 10x leverage its up to me we should not have to go through any tests to be eligible just as it is when I buy soda
Hello,
Please do not take away my ability to continue holding TQQQ as an investment. I have allocated a portion of my portfolio to holding TQQQ long-term. I am OK with a short test requirement to make sure people know what they're doing with leveraged ETFs like TQQQ. People shouldn't take on risks they don't understand. But please do not take away my ability to
You shouldn't have to go through any special process like passing a test before you can invest in public securities.
Explain that you are capable of understanding your
investments and their risks. Tell regulators you do not need
these measures imposed on you.
You not regulators should be able to choose
the public investments that are right for you and your family
I'm blessed to have been able to invest in many of the investments at risk of being able to invest in complex securities. This year with the public stock markets in a bear market my investments in interval funds, non-traded REITS, volatility linked ETFs and hedge funds have offset the risk of owning stocks. Limiting these investments further by imposing test requirements, net worth
