Placing limits like this is overly burdensome on investors. There are enough protections in place, more rules and educational requirements are a joke. All they do is make everything more costly and cumbersome.
To FINRA, While it may seem to you and any so called 'regulatory' body that you hold the ultimate decision in what free citizens can and cannot do with their property, this is not the case. Under the Constitution, of which you are subordinate, you may not unduly infringe upon the rights of the individual citizen to dispose of their property as they see fit unless they have violated the
You should not restrict access to me trading Leveraged or Inverse funds. I am currently in one of those and know the risks. You have no right to make me pass a test to trade these. These are public securities. We are already warned by our brokers that there is risk. That should be sufficient.
Investors need to make their own decisions about these products. Inverse ETFs allow me to short the market as a hedge without having to take on the unlimited liability of actually shorting the index ETFs.
I strongly oppose your attempt to limit my investment choices. You want to allow only the rich to make the most profitable investments? Are you Americans or fascists? Shame and curses on you!
I have never had much money but if it weren't for my ability to invest in the stock market I would have done without many things. Adults have the right to invest their money any way they want. They are the only ones that suffer if they make a bad investment. Please do not take away my rights.
I should have the same opportunity to invest in leveraged and inverse funds as wealthy investors and institutions. Adding additional 'tests' to determine my ability to invest appropriately is an unnecessary burden on me. I utilize some leveraged and inverse funds as a hedge during difficult markets like the one now. These proposed restrictions will only hurt my ability to manage my
stop the regulations and mandates or like bitcoin and crypto market will move out of your control completely.
Attempting to impose this regulation limits the ability of the lower and middle class access to powerful investment vehicles that were previously only available to the wealthy. Stop this legislation. It is not in the best interests of the public. I would consider a class action lawsuit against any regulator who backs this legislation, stopping the progress and wealth creation ability of the
We should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged.
