I deeply oppose restrictions on individuals' right to invest in popular public investments! I'm probably what is considered "middle-income", and a typical job holding American. Public securities such as leveraged and inverse funds can be a very an important part of a person's investment strategy, and I don't need restrictions imposed on me to "protect" me. Just because I, and MANY other Americans, don't have a certain level of income, does NOT inherently make me/us unable to understand how different investment strategies and products work. Regulators should focus on EDUCATION instead of BLOCKING most Americans from useful investment strategies. In my opinion, financial literacy should be a KEY focus in our public schools, to prepare students for life as a well-informed citizen and consumer.
Molly Lynn Comment On Regulatory Notice 22-08
I deeply oppose restrictions on individuals' right to invest in popular public investments! I'm probably what is considered "middle-income", and a typical job holding American. Public securities such as leveraged and inverse funds can be a very an important part of a person's investment strategy, and I don't need restrictions imposed on me to "protect" me. Just because I, and MANY other Americans, don't have a certain level of income, does NOT inherently make me/us unable to understand how different investment strategies and products work. Regulators should focus on EDUCATION instead of BLOCKING most Americans from useful investment strategies. In my opinion, financial literacy should be a KEY focus in our public schools, to prepare students for life as a well-informed citizen and consumer.