Lan Ye Comment On Regulatory Notice 22-08
America has free cap market to trade. We are not becoming a highly regulated market like countries without freedom. Individuals financial risk shouldnt be spread to the free market
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America has free cap market to trade. We are not becoming a highly regulated market like countries without freedom. Individuals financial risk shouldnt be spread to the free market
Government overreach is getting way out of hand now-a-days. Individuals should be free to choose the public investments that they deem are right for themselves and their families. Public investments should be available to all of the public, not just the privileged. Leveraged and inverse funds are important to me and my own investment strategies.
It is really important for individual investors to have access to those financial tools to either speculate or hedge. You will put individual investors at great disadvantage.
Markets go down at times. Using leveraged instruments as a hedge to keep my portfolios safe in sudden downturns is the only way I can afford to stay invested in the markets as I enter retirement. "Buy and hold" isn't safe at my age. Fixed income products don't pay enough to cover my needs, and they have their own set of risk factors. The only way I can sleep at night is knowing I have leveraged positions as part of all my portfolios in case the markets do something unexpected. If these are taken away, the rest of my retirement will be spent in worry and anxiety.
I oppose limitations on my investments.
Please do not hinder my ability to make my own choices for myself. This is an age in history where choice is being understood to be one of the most important freedoms we have. Please preserve our right to choose.
Thank you,
Dale Bradrick
FINRA has already established a suitability requirement on its members that do business with the public. Establishing additional suitability requirements on public investors duplicates
existing regulations.
When FINRA members have determined that certain investment products are suitable for its clients regulators only concern should be the validity of that determination and not question the clients investment decision.
I strongly oppose restrictions on my right to buy any LEVERAGED AND INVERSE FUNDS.
Investor should be informed all risks and benefits. No extra regulations are not required for leveraged funds.
Do not limit individual investors ability to invest as they deemed appropriate for their own funds.