Let me decide how to invest !!
I would like to have the freedom to invest in leveraged and inverse funds. I am investing my money and taking risks at my choosing. I do not want to be limited in not be able to make an investment in a leveraged, inverse or complex investment.
I wish to choose the public investments I invest in myself. There doesn't need be testing to purchase these investments as I fully understand leveraged and inverse funds. I use the ProShares UltraShort 20+ Year Treasury (TBT) to hedge against rising interest rates. Thank goodness this investment is available to the general public!
There are other pressing issues than govt telling me where it is suitable for my monety.
I am against any rulings which will limit my right to invest.
More information. Less government intervention.
Abolish FINRA and let the SEC do its own job. We don't need a big brother looking out for anyone, let people learn from their own mistakes. Must the government and its cronies control everything.
Here is my comment bellow.
We have been facing global unexpected facts past two years.
Ex.: Covid. We were not prepared for the covid. Global economic just crashed. Not only in USA, but global.
Ukraine war. Who does believe that there is a war with bombs, real weapons war in century 21th? Did you believe it in the beginning of March? No.
FED action. FED action has been disaster.
Leave the system as it is. Let the individual investors make their decision on where and how to invest their money.
This is my right to choose the type of investment that suits for me the best.