I'm not sure where you are getting this idea from. But whether it's from rich Hedge Fund operators who don't want people to be able to manage their own strategies without high fees; or from politicians who just want to control everything; or from people who lost money doing something they had no business being involved with (i.e. stupidity). It doesn't matter, this is a
It is important to me that you know I am against SEC Proposed Rule #S7-24-15.
Public investments must be kept available to the public without restriction. Wall Street cannot be just for the insiders and the privileged. Financial literacy should be taught in schools. At this point, I have educated myself.
I am not an expert in the field of investing. I would like to tell my advisor what I would like to happen with my money. I feel that we are a free country allowed to choose where my money will do me the best. If I have to qualify to make an investment I probably would not do this. I would be using my bank for the little interest I could make there. Now I can pick where I want my money to go. I
I should be able to choose the public investments that are right for you and your family.
Inverse funds are an important investment vehicle for me to offset downturns and hedge against certain market conditions. I am very concerned this type of investing vehicle would be restricted or taken away from an average investor like me. Inverse funds have allowed me to attack inflationary impacts head-on without using more complex put & call techniques, which are more difficult to
To FINRA: The last thing we need in America is another NGO telling me I can or can't do what anyone outside the U.S. can do - purchase shares of companies or funds that meet my investment strategy. Yes, there is enhanced risk with leveraged and inverse strategies, but it is an important and lucrative (if I've done my study accurately) part of building my portfolio. If you want some sort
Why make it harder or prevent intelligent folks making their own decisions with their own money? Do you want people to stay poor?
I dont feel its up to regulators to decide which investments I choose to invest in and which ones are right for myself and my family. The fact that I do not currently carry an investment advisor license I once did and I understand what I am investing in quite clearly. Trying to make me jump through hoops just to invest in a publicly traded stock is government control. We have enough of that
My husband and I are nearing retirement and enjoy the use of inverse funds to protect and grow our hard-earned investments, especially during turbulent times like this. I urge regulators to keep these options in place.