This is troublesome. Privatizing public investment resources is not a reasonable measure. There is literally no precedence in place to support the proposal, much less to enact it. Steering anyone who wants to choose their own investment path, over to brokerage is evidence of foul play among the elite. This wont go well, not will it hold up in the legal process.
What gives u the right to determine who and who can't invest, and what they can & can't invest in. This is the USA. Home of the free. The freedom to spend our hard earned money in any manor we see fit. U already determine how much money I can invest per year, based on my income. U have no clue how much my bills are, or how much extra money I have after all my bills are paid, and
If I have to pass a test to invest MY MONEY, does that man I have to pass a test to pay my taxes? If so, how many times can I fail?
If investing is too complicated, why doesnt the IRS/tax code require to pass a test?
This is dumb.
i think regulators need to mind their own business and leave American citizens alone. It's our right to decide when and how to invest. It's obvious that regulators think they are better than the average citizen based on their self righteousness attitudes.
I understand that Benjamin Franklin started trading stocks in the early days of the republic. Investing in other people's ideas, products, innovations, designs is an essential freedom - though risky it might be - for citizens of this land. Do not meddle with it, thinking we need protection from risk. This tendency to regulate and socially engineer everything will collapse-in on itself and
I have a portion of my portfolio on leveraged ETF that are currently under the water, but that should eventually recover. This slings with my long-term investment strategy, my appetite and ability to take risk.
There should be no regulations and restrictions.
I am against any more restrictions to my ability to trade leveraged securities. I have been fully informed of the risks involved by my broker Fidelity in these products and had to sign and submit a document stating so to Fidelity. I am fully capable of making informed decisions on my own without any further government or regulatory restrictions such as passing a written test or proving my net
Investments should only be taxed once cashed out. Realistically, there us no money made until cash out. We don't get refunded for money lost in investments, so why should we get taxed on money we don't yet truly have...
I oppose restrictions on my right to invest freely.
