This is not a case in which investors need to be protected by the government or regulators. Leveraged funds are important in these times of low interest rates to generate income for those who wish it. This is actually the safer alternative in many cases. Requiring a "test" in order to purchase certain securities is unnecessary, difficult to implement, and costly to monitor. A
To Whom It May Concern,
I am commenting to oppose the proposed restrictions.
As an average long-term investor, I normally use leveraged and inverse funds to protect my investments. I believe that I have gained knowledge of the benefits and risks of investing these funds. I believe that I should be able to determine if I should invest to these funds by myself, without having to passing certain
I use leveraged and inverse funds to balance out my portfolio. I am tired of the government taking my rights away so I can be protected. I am perfectly capable and do not need a test or any other type of scrutiny in order to invest in these types of funds. I do not want or need regulators to have input in the type of investments I make.
I disagree with the FINRA Regulatory Notice #22-08. Leveraged and inverse funds are important financial assets to allow individual investor to increase their gains and protect their assets. Please treat us as adults who are responsible for our own decisions and not children who need to be looked over. Therefore, there is no need of a test to determine if we're allowed to invest in these
I should be able to buy any stock offered publicly and not be required to take any special tests unless I decide to become a broker myself. I know the risks associated with owning any stocks and leveraged or inverse funds really don't pose anymore risk than owning any other stock. This is a free country and I want it kept that way.
I not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before investing in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their
The proposed regulation of leveraged and inverse funds is a radical reach by a government agency to limit our freedoms! The tests, getting approvals, required reading, etc., are an insult to investors who use these investment vehicles as a part of their portfolio. To regulate these so that only the privileged few have access is discriminatory to say the least! This needs to be stopped in its
You shouldn't have to go through any special process like passing a test before investing in public securities and inverse funds. I use these funds to offset my other funds when the market goes down.
My opinion is that more regulations and rules imposes more restrictions on traders and more red tape for individual trading.
This is completely unfair to the retail investor and is just another example of trying to limit the people's rights on investments. Using leveraged funds are essential in day trading, especially when day trading. We as individuals are completely capable in self-sufficient research without having to pass any forms of tests. Public investments are meant for the public, not just the elite.
People, not regulators, should be able to choose the public investments that are right for them. Public investments should be available to all the public, not just the privileged. We shouldn't have to go through a special process or pass a test before investing in public securities like leveraged and inverse funds. People are capable of making their own decisions and understanding the risks.
