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Greetings,
I am writing to inform you that I oppose any restriction on leveraged investing aside from warnings that they are not to be held long term. I believe that they are an invaluable tool that everyone should have access to, but not everyone should use. I am well informed and have determined that, considering my unique, highly risk-tolerant financial position, that these tools have great
Do not limit my investment options.
Americans should be able to invest however they want to invest without requiring any government approval. The government cannot keep nannying over the American public, considering how bad they are at nannying themselves. The unintended consequences of this will be brutal, so many entities will not get the investment it needs and many Americans will be split by who's rich enough to invest
I prefer making my own investment decisions versus regulators who can manage their own assets BUT need to learn to leave my decisions up to me. Unless they are actively trading their own assets and clients' retail assets, I find their wanting to rule on these matters self-serving, ignorant to peoples' rights to educate, learn and wisely choose and highly unreliable to ethical
Hi,
I would like to express my opinions on Regulatory Notice #22-08:
1.
How do members categorize products as complex? Have firms implemented categories or tiers of complex products and, if so, how have firms determined such tiers? What types of products have recently been introduced that should be viewed as complex? Does our description of characteristics that render a product complex continue
Investors should be the one to decide how their money should be invested, not the regulator. At the same time, we should prevent investors from harming themselves and encourage them to do what is practically optimal.
In my experience of using complex products in my portfolio, I'm 100% confident that nearly all investors will harm themselves using inverse funds and leveraged products
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST
I not regulators 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.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds.
This is
I am against restrictions that limit my investment options.
I understand there are plans underway to limit the availability of certain funds deemed too complex for the average investor. As an average investor I say, "how dare you!" To decide what is right for me and restrict MY access to products like leveraged an inverse funds while allowing wealthy individuals to use these same tactics is just wrong. The playing field is already uneven. You
FINRA under the disguise of protecting the public only seeks to protect the professional traders who always take the opposite side of the public trades. Please do not take these tools from us.