Rolf Reindl Comment On Regulatory Notice 22-08
The stock market is already skewed (rigged) for the very affluent - DO NOT make it worse!
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The stock market is already skewed (rigged) for the very affluent - DO NOT make it worse!
This is an abysmal idea.
You want to keep us from protecting our portfolios in the
coming Bear Market. You know the market has been over inflated by fiscal and monetary authorities, Regulators are not looking out for my best interest.
1. I should be able to choose the public investments that are right for me.
2. Depending on market conditions, I should have access to certain inverse/leveraged funds to hedge my portfolio without being forced to liquidate parts of my portfolio.
3.I should not have to subject myself to tax implications through forced selling of parts of my portfolio during market downturns.
I oppose ANY AND ALL restrictions
on MY right to invest in public investments! You DO NOT AND SHALL NOT speak for me and my family!
It is inappropriate for a regulatory entity to impose restrictions on adults that are capable of making their own decisions when it comes to selecting investments of their own money. No regulatory has the right to tell any American citizen how, when, and where they can spend or invest their money.
FINRA already regulates those that commercially sell to, coach, and suggest investment opportunities to investors. If FINRA wants to control everything, perhaps they should offer to consult with every investor prior to investing in a complex investment.
I hear that YOU want to regulate leveraged investment vehicles, I presume in the name of protecting public individuals like me. However, I do not need your protection like that. These kind of investments provide one of the very rare opportunities, if not sole, to accumulate wealth and to overcome lack of other means to do so. It is better use of your power and energy to spend catching and regulating real bad guys (white color criminals). If the leveraged investments are bad for me, I would simply not choose to invest and I do not need your interference.
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, such as leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me and my family.
Please do not restrict my ability to invest in the funds of my choice.
You can make videos that help everyone understand risks.
and urge investors and traders to view them.
I am not a school kid to take tests.
I have the ability to understand risks and limit my overall exposure to leaveraged funds.
Please do not limit certain investment to just rich and wealthy.
Please focus on voluntary education than forceful restriction.
I should be able to choose the public investments that are right for me. 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. I am capable understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.