Joe Frissora Comment On Regulatory Notice 22-08
I should be able to choose the public
investments that are right for my family.
Public investments should be available to all of the public,
not just the privileged.
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I should be able to choose the public
investments that are right for my family.
Public investments should be available to all of the public,
not just the privileged.
I should be able to chose my own investments.
I have been investing for over 20 years- I should not need to pass an exam or get a special license.
Leveraged and inverse funds are an important part of my portfolio that allow me to protect my investments.
These proposed changes and restrictions is just another example of over reaching, excessive, controlling and evolving socialist government. Free markets, free countries, and free people thrive in a capitalistic system because it works if its allowed to.
I object to this.
I should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
While requiring disclosure of additional information regarding complex financial products seems good in principle, it seems quite possible that this will be yet another textual agreement that almost nobody reads and most people click through. Figuring out who needs the information provided and how to present it in a way that they will understand it seems important.
I oppose this limitation.
Concerning leveraged and inverse funds, I want to retain the right to buy or sell shares as a means of buffering and protecting my portfolio positions as I see fit, Stupid is, as Stupid does Forests mama always says. Regulators will not stop Financial Illiteracy or illiteracy in general. [REDACTED], they cant even stop smoking!
Leveraged and inverse funds in particular are an integral part of my portfolio protection strategy. Taking away this choice for me and my family will significantly reduce my ability to deal with down cycles. It is critical that this option remain in place.
Leave my investing strategies alone... please!