I strongly oppose the regulations being considered by the Financial Industry Regulatory Authority (FINRA), that we may not be able to buy leveraged and inverse funds and dozens of other popular investments deemed to be complex unless we: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods during which you cant invest Please stop moving forward with these unnecessary regulation that hurts only the hard working middle class who want to have the right to invest their money the way they prefer. Thank you!
Kevin A Comment On Regulatory Notice 22-08
I strongly oppose the regulations being considered by the Financial Industry Regulatory Authority (FINRA), that we may not be able to buy leveraged and inverse funds and dozens of other popular investments deemed to be complex unless we: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods during which you cant invest Please stop moving forward with these unnecessary regulation that hurts only the hard working middle class who want to have the right to invest their money the way they prefer. Thank you!