I have worked in the financial services industry for over 20 years and do not feel these investment funds are too complex or should be limited in any way.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend the Codes of Arbitration Procedure to make various clarifying and technical changes to the Codes, including in response to recommendations in the report of independent counsel Lowenstein Sandler LLP.
It is really important for individual investors to have access to those financial tools to either speculate or hedge. You will put individual investors at great disadvantage.
To uphold the free market principle which is the foundation of America, investors should have the free will to invest the financial product based on their own risk profile.
I invest in leveraged funds. I would not meet all the criteria, but I know what I'm doing. Please do not take away my financial strategy.
I am against limitations being placed on my freedom to invest in public securities which could also affect how I achieve financial security.
FINRA Recommends Review of Municipal Securities Activities
Investing in cryptocurrency funds is important to my investment strategy. I use it to achieve my financial objectives, diversifying my investments, and as part of a balanced portfolio.
You have no business regulating our privacy, privilege, opportunity, or freedom to engage in and with financial markets. Your proposal is unconstitutional, discriminatory, and will be fought against.
It's very simple, we live in a country of freedom. That freedom should include how we decide to invest or use our financial assets.
