As a single senior woman investor, I want my voice to be heard. This is my life savings we are talking about, as slim as they may be compared to wealthy investors. 1. Leveraged and inverse funds are mandatory to me especially in this declining market, as they act like a hedge to protect my investments. 2. I have a financial advisor because I am not astute in financial matters. Although I understand when initially advised, I do not have the expertise to daily manage investments, to that end, being required to take a test before I can invest in public securities is both ludicrous and evil! 3. Lastly, this is MY HARD EARNED money; only I and my financial advisor should be able to choose the public investments that are right for me. . . . .NOT regulators!
Carol Molinaro Comment On Regulatory Notice 22-08
As a single senior woman investor, I want my voice to be heard. This is my life savings we are talking about, as slim as they may be compared to wealthy investors. 1. Leveraged and inverse funds are mandatory to me especially in this declining market, as they act like a hedge to protect my investments. 2. I have a financial advisor because I am not astute in financial matters. Although I understand when initially advised, I do not have the expertise to daily manage investments, to that end, being required to take a test before I can invest in public securities is both ludicrous and evil! 3. Lastly, this is MY HARD EARNED money; only I and my financial advisor should be able to choose the public investments that are right for me. . . . .NOT regulators!