I urge FINRA not to further regulate the ability of investors to purchase complex funds including leveraged and inverse funds. Investors should have the freedom to choose their investments without judgment or approval from government regulators. The current regulations and disclosures of risk are sufficient. I am capable of understanding risks without government judgment of me.
Proposed rules would be amount to government overreach, which would harm not help retail investors. I should not need to pass a government test to be able to choose my own investments. I also shouldn't have to have any government-determined level of wealth in order to access any particular investment products. Discrimination based on economic "class" should not be pursued by federal regulators.
Again, I urge you not to pursue additional proposed regulations on leveraged and index funds. Don't restrict my ability to invest based on my choices.
Ronald Brame Comment On Regulatory Notice 22-08
I urge FINRA not to further regulate the ability of investors to purchase complex funds including leveraged and inverse funds. Investors should have the freedom to choose their investments without judgment or approval from government regulators. The current regulations and disclosures of risk are sufficient. I am capable of understanding risks without government judgment of me.
Proposed rules would be amount to government overreach, which would harm not help retail investors. I should not need to pass a government test to be able to choose my own investments. I also shouldn't have to have any government-determined level of wealth in order to access any particular investment products. Discrimination based on economic "class" should not be pursued by federal regulators.
Again, I urge you not to pursue additional proposed regulations on leveraged and index funds. Don't restrict my ability to invest based on my choices.