Please keep the freedom in investment. Investors should be fully responsible for their own decision on choices in their investments and should not be regulated. This is similar to the freedom in personal choice in education and employment. Both education and employment are major investments in peoples lives and no regulatory measures are imposed.
I should be able make investments of my choosing and accept the risk and the rewards. I know this is used to get the small investor out of the way!
I am retired and have been investing for 14 years. It has been a learning experience and I invest in some leveraged ETFs, very seldom in inverse funds because I am aware of their danger, and in fact for several years have not chosen to invest in any of them. The leveraged funds however have been helpful to me. I monitor them daily and during difficult market conditions, as right now, I reduce
Comments: A custodian of private individual accounts should provide a disclaimer when L&I funds are purchased. It should detail the risks and advise that it is not a long-term holding. No one should be restricted from purchasing these products. An informed individual should scale his or her risk tolerance before purchase.
There is always a winner and a loser in the global equities market and accordingly there is a side to every trade. To enforce that one may not buy certain securities also warrants the same restriction on selling of such securities. In other words - this should not be a notice that will be enforced, as you will be leaving plenty of investors on a figurative island.
Comments: Dear Sir or Madam - I would suggest that FINRA recommends investors simply be accredited.
Taking away our own investment choices and control over our investments is wholly contrary to a free market and is against the founding fathers cardinal rule of Govt interfering with our freedoms. We know the risk. We assume the risk. I study the risks intently before investing. Stop government interference in free market capitalism and our freedoms or the snake will strike
The term "complex products" is a mask on an initiative aiming to limit the ability of lower net worth individuals to invest in the same high reward vehicles as their higher net worth counterparts. This regulation is another permutation of limiting access under the guise of limited understanding. Regarding those who actually have a limited understanding, why let them invest in
Please dont limit us from making our own decisions
Its my money. Let me invest how I want
