I resent that a government agency wants to take my right to choose what I wish to invest in. This is not (yet) a socialist country. Why do you think the people of this country are not smart enough to decide for themselves if an investment is right for them? Investing in a varied selection of assets is a way to PROTECT ourselves (portfolio) from certain types of market moves. Why should we be limited by yet another foolish regulation that will only hurt those who choose to invest in such things as leveraged and inverse funds. It is insulting to think that anyone would have to take a 'test' or go through ANY type of intelligence scrutiny. We, the people, should decide how and what we wish to invest in - not government regulators. I very strongly oppose any type of restrictions to my right to invest in what I choose to invest in.
Linda Faust Comment On Regulatory Notice 22-08
I resent that a government agency wants to take my right to choose what I wish to invest in. This is not (yet) a socialist country. Why do you think the people of this country are not smart enough to decide for themselves if an investment is right for them? Investing in a varied selection of assets is a way to PROTECT ourselves (portfolio) from certain types of market moves. Why should we be limited by yet another foolish regulation that will only hurt those who choose to invest in such things as leveraged and inverse funds. It is insulting to think that anyone would have to take a 'test' or go through ANY type of intelligence scrutiny. We, the people, should decide how and what we wish to invest in - not government regulators. I very strongly oppose any type of restrictions to my right to invest in what I choose to invest in.