This could potentially deny me the freedom to choose investments, like leveraged ETF's, that could help me achieve long-term financial security. I should be able to choose investments based on the long-standing disclosure-based system, without jumping through even more hoops.
FINRA Announces Nomination Process to Fill Upcoming Vacancies on the National Adjudicatory Council
GUIDANCE
Bond Mutual Fund Volatility Ratings
Effective Date: December 27, 2005
SUGGESTED ROUTING
KEY TOPICS
Advertising/Investment Companies
Executive Representatives
Legal and Compliance
Mutual Fund
Registered Representatives
Senior Management
Bond Mutual Fund Volatility Ratings
IM-2210-5
Rule 2210
Executive Summary
On
Please don't deny me the freedom to choose investments that have helped me achieve long-term financial security. We know how to read. We know the risks and we also know the rewards.
Don't tie our hands...let us choose.
I strongly oppose placing limitations on my investments. This scheme by FIND A is misguided because of the potential had to investors attempt to reach longtime financial goals as well, and as usual, it is arbitrary and unworkable. A constant key feature of ANYTHING this government's oversight creates I its ineptitude
I believe any attempt to restrict/regulate this kind of investing is insulting and must be stopped. If Im old enough to earn the money I invest, I should remain completely free to invest it how ever I want. Keep the government out of my private financial decision making!
It's my money to lose. If I make a mistake and lose everything, too bad for me, I'll just retire later. My loss is somebody else's gain. This change doesn't benefit anybody except by granting financial service providers a monopoly on access.
I am a individual investor who understands the risk of buying leveraged and inverse funds.
I do not want to be restricted from making financial decisions by restrictions being implemented on what type of investments I make.
I do understand that certain investments come with more risk.
I should be able to make my own decisions about investments. I have used leveraged ETFs for more than five years now to build my wealth. It should not be a tool simply for financial professionals or the wealthy. Do not infringe upon our rights.
Please leave these financial options open for investors that want to participate in pro shares or etf leverage shares. As a shareholder we know the risk and we know the rewards of ETF leverage Please do not put restrictions on these type of investment. Thank you