Angela Chang Comment On Regulatory Notice 22-08
I reject FINRA Regulatory Notice #22-08. It should allow everyone investing any stock or mutual funds in public.
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I reject FINRA Regulatory Notice #22-08. It should allow everyone investing any stock or mutual funds in public.
I 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, in the spirit of free-market capitalism. No one should have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my strategies. They help me hedge my investments and obtain enhanced returns.
Placing regulations on the investment and retirement options could be considered racist. The requirements are definitely skewed towards a non minority race since minority populations could never meet the proposed requirements. This harmful precedence and regulation must not be approved.
Leave the status quo unchanged.
I do not agree on restricting independent investors to invest in protective investment categories such as inverse ETF's and other inverse traded funds to allow the benefits of securing my capital during down markets.
I oppose restrictions on my right to invest in public investments. You guys pull this crap every time there is a significant correction in the market,. Buzz off!
I oppose restrictions to my right to invest.
After investing in the market over 30 years I understand the risk involved with different equities, mutual funds, leveraged ETF's, and ETN's. If I assume the risk, I should be able to make the choice not a regulator. Leveraged ETF's are critical to my investment strategy.
I see this as another pathetic attempt at making investing and trading inaccessible to the average retail broker. All investors no matter the size should be able to invest in whatever they like. I personally have lost thousands over the past year investing in leveraged ETFs. However, I accept the losses and take them as a learning experience. All traders should be responsible for knowing the risks before investing and shouldn't have to pass any special tests before investing in certain investments. It's not up to the government to control what someone wants to trade.