Clinton DeGross Comment On Regulatory Notice 22-08
Clinton DeGross
N/A
The FINRA is a private group working FOR the government and should not have this oversight. Anyways. I should be allowed to invest in leveraged products (inverse or otherwise) and explode my own account if I want to. There's nobody to blame but my self if I make a stupid [REDACTED] investment and get nuked. It's no different then playing the options market (which is basically gambling, and you know it), investing into OTC/delisted companies, Non US markets (ex: State owned companies in RU/China), or buying freshly IPO'd companies who clearly are IPOing to 'cash out' Let the American people invest in what/how they want! There's plenty of other stupid ways to lose/make money. Let us have this.
Clinton DeGross Comment On Regulatory Notice 22-08
The FINRA is a private group working FOR the government and should not have this oversight. Anyways. I should be allowed to invest in leveraged products (inverse or otherwise) and explode my own account if I want to. There's nobody to blame but my self if I make a stupid [REDACTED] investment and get nuked. It's no different then playing the options market (which is basically gambling, and you know it), investing into OTC/delisted companies, Non US markets (ex: State owned companies in RU/China), or buying freshly IPO'd companies who clearly are IPOing to 'cash out' Let the American people invest in what/how they want! There's plenty of other stupid ways to lose/make money. Let us have this.