J S Comment On Regulatory Notice 22-08
[REDACTED]. Freedom and the ability to make your own prosperity is paramount to American freedom. [REDACTED] this nonsense
For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
[REDACTED]. Freedom and the ability to make your own prosperity is paramount to American freedom. [REDACTED] this nonsense
Comments: I STRONGLY oppose such a restrictions in that they would remove the ability for experienced traders to hedge against market volatility and benefit from the use of leverage.
I don't feel the government should be putting restrictions on my right to invest in common public investments. I understand that all investments have some inherit risk and the leveraged funds can be much more risky. I should not have to take a test or prove my net worth in order to be able to take part in these public funds. All of these funds release a prospectus that help investors make an informed decision on whether or not they want to buy in to them, where they made the past returns and volatility known. Leveraged funds
Please do not do this to us. Keep it fair and transparent.
FINRA should not discriminate and or limit the ability of investors to have freedom of choice of their investment portfolio, particularly in regards to the investors net worth. This is clear discrimination based on inequity, and has no place in the breath of investment strategies. FINRA has no right to tell individual investors what they can and cannot invest in, as we have, as Americans, freedom to choose.
I am opposed to the proposed regulations by FINRA regarding investing in leveraged and inverse ETF's. These ETF's allow me to invest during advancing and declining periods of the stock market. I do not appreciate regulators putting any restraints on my ability to do that. There are risks in any kind of investment and it is up to me to decide what risks I intend to take.
In April 2022, I received a message from Vanguard stating that I would no longer be able to invest in shares of Grayscale Bitcoin Trust (GBTC) in my Roth IRA. This email was very concerning and surprising since my Roth IRA has massively outperformed the market since adding GBTC a number of years ago.
With FINRA allowing naked shorting and the whole fiasco that goes along with that, affecting the small investor to a large degree, I cant imagine why your organization is restricting ProShare trading. Is this another scheme to bilk us? No wonder Republicans are going to retake control of our country! Leave us alone.
We don't need additional regulations on leveraged funds, I want to maintain my freedom to invest in public securities of my choosing. It should be my decision what I invest in, not yours. I don't need you to decide what is suitable for me. If information provided by sellers is truthful you have done your part and it is up to me to decide what investments I wish to make.
I oppose any limitation on my investment strategy and decisions. Any discrimination against individual investors should not be tolerated because it creates inequity.