It would be preposterous to restrict purchase of securities that permit me to hedge my risk.
Not sure why regulators would consider themselves as more concerned about my financial well being than I am myself.
Please leave the leveraged and inverse funds as they are. I am presently retired and they are an important part of my investment strategy. If they were no longer available to me it would cause great financial harm to me and my family.
Thanks
Iam truly opposed by these proposed limitations and ridiculous tests/qualifications.
It is my free right to invest in any funds that I can obtain and afford.
FiNRA.....
Do away with this proposal.. Represent and promote financial freedom. Thank you!!!
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.
Leverage funds help me meet my financial goals.
I have been an investor for a number of decades and would like the freedom to choose inverse and/or leveraged funds if that fits into my financial roadmap. I would really like to have that flexibility without any limitations.
Thanks!
I should be able to choose what investments I want. I shouldn't have to take test to buy or sell my crypto. I don't feel that the govt should tell me how to make sure I'm financially independent.
Taking away financial tools including leveraged funds only hurts retail investors like myself. Everyone should have the opportunity to learn, understand, and invest in these securities based on their own strategy and investment goals.
The definition of complex products is ambiguous and broad that makes it arbitrary and unworkable, thus possibly leading to unfair or discriminatory treatment of investors.
It unnecessarily restricts investors to choose products that they believe will lead to their desired financial independence and security.
Please stop trying to regulate away the investing public's ability to make investment choices for themself. You as a body can't know the individual financial situations of the public in order to make decisions on what instruments are appropriate.
This seems like it could easily lead to a situation where the only people who can open a self-directed account to trade in options or complex products are rich, white, financial professionals. The rich get richer.
