| FINRA.org Skip to main content

Richard Reed Comment On Regulatory Notice 22-08

I beleive i should be able to choose the publiv investments that are right for me and my family. public investments should remain available to all of the public, not just the privileged. I shouldnt have to go through any special process like passing a test before being able to invest in public securities, like leveraged and inverse funds. i understand the funds and their RISKS.This is important investment strategy for us. i seek enhanced returns to survive. i am retired after putting in 40 years with state govt. and enjoy the challenge.

Taggart Ridings Comment On Regulatory Notice 22-08

Highly intelligent people are in all industries. Although there is some solid math involved in understanding financial decisions, it isnt so difficult to pass a series 7 to establish that it would make ones IQ higher than any average person. Adding a requirement to regulate people seems like a money-grab and another obstacle to entry in an industry with far too many advantages for the in-crowd that themselves are under-regulated and IPO thieves.

Maya Burkes Comment On Regulatory Notice 22-08

I oppose the attempt to restrict the rights of investors to invest in leveraged and inverse funds. While I see that it is an attempt to prevent possible loss by inexperienced investors, failure is sometimes a necessary learning tool. Rules made to avoid the odds of failures are simply crutches for the inexperienced and unnecessary barriers to those attempting to learn. There are already limits in place that suffice. What will be done when those who pass the test, still lose money?