Per your consideration of limiting my investment options, I believe this would be an infringement on the publics right of self determination. I have been involved in closely in investment markets for approaching 45 years, studying and actively participating. I find that I am frequently more informed and a better manager than even many professionals. LIMITING the investment vehicles I have at
I should be allowed to invest freely into projects that I see financially beneficial and not be locked out of the real gains because of some ridiculous rule that states I'm not eligible because I don't have enough money. That reasoning was forced into law to keep people from bettering their selves and goes against everything America was supposedly founded on. I will echo this
Comments: Dear Finra ,
I am a 90 year old (young) combat veteran of the Korean War , the stock market wars of the 1960's and '70's' and , for the better part of my working career , NYC taxi-owner driver .
Each situation requires an investment of a sort . My point in this limited space , is , if people don't do "due diligence"
I am tired of our government feeling the need to take advantage of getting a cut from anyone trying to better their life and regulate everything in it.
I say, stay out of my business.
Maybe we need to remind you, our government and regulators, the words within the Declaration of Independance.
We hold these truths to be self-evident, that all men are created equal,
that they are endowed by their
I don't need the government telling me what I can and cannot invest in. The US government should not have a say in how and where I invest my hard-earned money. This would be a perfect example of the rich getting richer and the poor getting poorer. I've been handling my personal investments for over 30 years now. By the government imposing regulations on what I can and cannot
During the 2007-2009 Financial Crisis, inverse funds saved my retirement. I also have occasionally used leveraged funds because of a 24-hr shortage of "settled" funds. I do not want or need the protection afforded by the proposed measures. The Fed has routinely created bubbles in various asset classes, incentivizing investors to use leveraged long funds as the bubble expands.
I am very concerned about recent intentions to limit the publics ability to invest in leveraged and/or inverse funds. No one knows better what investments are right for me than me. I should not be required to prove myself to anyone before being allowed to invest my hard earned money where I see fit. The whole idea of the nanny state where the government needs to take care of me is extremely
I not a regulator should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. Wall Street financial advisors are a joke. Anyone can lie the way they do to their clients. I should have access to the same financial products they do. I can decide my financial future better than anyone. Precluding the
I oppose the regulations being considered by the Financial Industry Regulatory Authority. I have the right to choose which public investments I want to invest in. This should not be taken away to benefit only those with high net worth or a privileged few. I do not believe any process needs to be implemented in order to invest in leveraged and inverse funds. I already use them as important
This is my right to trade and invest the leveraged investment, this kind of investments should be available to all public not just the privileged.
It's unnecessary to go through any special process a test before I can invest in public securities like those leveraged funds. I'm really aware of the how the leveraged and inverse funds works and their risk.
Leveraged and inverse
