Michael Houghton Comment On Regulatory Notice 22-08
Along with most investors, I am fully capable of understanding the risks of leveraged and inverse funds. Additional regulation is NOT needed.
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Along with most investors, I am fully capable of understanding the risks of leveraged and inverse funds. Additional regulation is NOT needed.
I am capable of understanding leveraged and inverse funds. Before retiring I was a Series 24 Registered Securities Principal. I have a MS degree in wealth management and I earned the MPAS and CFP designations. I do not need FINRA telling me what I can and cannot invest in.
I should have a right to be able to invest without going through special classes or having a cool-off period.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST It is me not regulators that 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 have the right to share my views, but the regulators are required to take your comments into consideration in deciding whether to move forward. I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds.
We should have ability to trade leveraged etfs .
I HAVE BEEN INVESTING IN THE STOCK AND BOND MARKETS SINCE THE 1970'S AND I DO NOT NEED THE HELP OF REGULATORS TO CHOOSE MY INVESTMENTS.
Restricting individual right to invest in funds or any legal investment is not in the best interest of American citizens. Requiring a test of some sort or sign off on the risk involved would be a better option to address these concerns.
I oppose any restrictions that may unnecessarily eliminate or appropriate restrictions on investments being considered under SEC Proposed Rule #S7-24-15 to the extent that it provides a platform for intuitions to manipulate or gain advantage over retail investors. Free market capitalism should not be compromised by individuals fears or inability to educate oneself in an era of communication and free information.
I oppose restrictions to my rights to invest in leveraged or inverted equities.
I want the freedom to choose my investments MYSELF. I want less government regulations, not more. I oppose these proposed restrictions on my right to invest. The crappy performance of the market lately is directly attributable to the feckless policies of the current government administration. The best thing the government can do is to cease its over regulation of everything.