I use these inverse funds to hedge my earnings against rising inflation and economic instability. In my opinion, it is overreaching and punitive to not be able to invest the way I choose to. No test of financial literacy nor any other restrictions should be put in place to invest in these products.
Please do not take away our ability to use public securities like leveraged and inversed funds without taking tests. I have over 20 years of expedience using them. They are a small part of my portfolio, but important as a safety hedge.
We not regulators should be able to choose the public
investments that are right for us and public investments should be available to all of the public not just the privileged.
We understand the leveraged and inverse funds
and their risks and should not be tested by government to make the right investment choices.
I am very able to choose what I invest in. I don't need Regulators to babysit my finances for me. I shouldn't need to pass any "test" to exercise my Right to Pursue Happiness. Get the Federal Government's nose out of my business.
I fully understand the risks of leveraged and index funds and object to the govt overreach of requiring a test to be able to trade these funds.
Exactly what do you consider high net worth. Will they only be available to the privileged rich. This should be available to all of the public.
Do not impose net worth or testing requirements nor any restrictions as proposed in FINRA Regulatory Notice 22-08. These are ridiculous concepts of regulation that reveal FINRA's utter disregard for the individual investor's education and level of discernment. Discard these proposed regulations permanently.
Please do not restrict or limit our ability to invest in leveraged and inverse funds and dozens of other popular
investments deemed to be complex. No testing or other special process should be required as well. Public investments should be available to the public.
Respectfully
T. Hess
Please do NOT limit my ability to invest how I see fit. If there is no test at the polls to check your net worth, knowledge of candidates, or issues, why would you limit investment opportunities? These are public investments and shouldn't be limited to any group.
The investor, not regulators should be able to choose which public investments that are right for myself and family. There shouldn't need to be some special test before being able to make certain investments. Cryptocurrency is the future and any regulations against it as an investment is wrong and un-American.
I 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. Nor should I need to pass any test or demonstrate ability to clearly understand what I am investing in.
