I AM FULLY AWARE OF THE RISKS INVOLVED, AND DO MY OWN RESEARCH, AND HAVE DONE REASONALBLY WELL IN THOSE INVESTMENTS. AND DEEPLY RESENT YOUR EFFORTS TO PPARENT ME.
To FINRA, It has come to my attention through my broker that this notice may lead to a restricting of many types of investments that I have available to me. While some of the recommended requirements such as a cooling-off period and an increase in information that a client must see could benefit retail investors. Other requirements such as a net worth requirement are troubling, to say the least.
I am a very experienced investor. I follow all the US and World markets. I should be able to choose the public investments that are right for my current risk assessments and market sentiment.
I have been investing for 28 years and I am series 7 , 63 ,66 license . I like to have freedom of investing and will accept risk responcilbility . I am oppose this new regulation
Public investments should be available to all of the public,
not just the privileged. I do not need these measures imposed on me and I am fully capable of understanding the risks associated with my investments.
I should be able to invest leveraged or inverse funds freely without any restrictions. I am aware of these funds have high risk but I am responsible for what I chose to invest in.
I want a free and fair market in which I may choose my own risk and investment strategies. You should not be able to tell me what I can and can't invest in.
It's my money and I CHOOSE how I want to invest that money.
I ACCEPT the risk.
ProShares is NOT Bernie Madoff.
I have a lot to lose if I CHOOSE poorly.
So, I am careful.
I oppose restrictions to my right to invest in leveraged and inverse funds! I have been investing in these funds for years and I understand the risks of these funds just like any other investment.
I should be able to pick whatever investment I want because its my own money and my risk tolerance. FINRA should not decide or Put limitations on my options.