Lawrence Szyszka Comment On Regulatory Notice 22-08
Public investments for The Public , should not be Regulated by any authority other than those Investors! The entire system is based on the investments of Public citizenry.
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.
Public investments for The Public , should not be Regulated by any authority other than those Investors! The entire system is based on the investments of Public citizenry.
Using inverse Etfs allows me to stay invested in markets to ride out a market correction or bear market. With inverse ETFs I don't have to try to time the market. It allows me to hold onto investments that produce retirement income. Do not interfere with hedges against the market. I do not want the government interfering with this valuable strategy.
I am regular day and long term investor and I can understand the costs for trading leveraged and inverse funds, so please do not take away our rights.
This regulation will be restricting access to ordinary investors while allowing access to high net worth individuals.
Been investing on a number of crypto currency. No has the right to control or force me to go through anyone or control my actions. If I Lose, that's on me. If I gain, that's on me as well. I'm sick and tired of people thinking they have to put there hand in on money they have no right to have. In the 1st place. If I choose to have aid. I will choose to Go to That aid and seek there point of view. That where this belongs.
Hi there, I have been using leveraged ETFs for around 2 years. They are very useful products for investors. Under the guise of protecting people from themselves you are planning to limit access (shocking they will still be available for the very rich) when retail investors like myself have been using them for years without any problems. Having more investment products available is always a good thing. We don't need you to protect us from ourselves. If rich people are allowed access all retail investors need to have access as well. We don't want your regulation.
PLEASE PLEASE DO NOT LET THIS HAPPEN! I OPPOSE THE RESTRICTIONS AND HAVE THE RIGHT TO INVEST IN PUBLIC INVESTMENTS. LEVERAGED AND INVERSE FUNDS/ETF'S ARE IMPORTANT TO MY TRADING STRATEGIES AND I UNDERSTAND THE RISKS. I DO NOT WANT THIS RIGHT TAKEN AWAY. THEY HELP TO PROTECT/HEDGE AGAINST A DOWN TURN AND I USE THEM OFTEN. AGAIN, I OPPOSE THE RESTRICTIONS TO MY RIGHT TO INVEST THE WAY I SEE FIT.
I oppose this restriction. First, some leveraged ETF like those 3X SP500 index, are actually less volatile than many individual stocks. If we restrict them, does it mean we need to restrict investing in many individual stocks ? Second, for people who would invest in these type of ETF, they will seek other ways to invest with leverage (such as borrowing money) if these ETFs are restricted. That will be even more risky. 3X ETF is managed by professionals and is safer compared to the case that investor directly do leveraging based investment.
I want to relay my concerns about the referenced regulatory notice.
I do not believe any incremental regulatory requirements should be placed on leveraged investment instruments. I disagree with the notion of testing, thresholds, net worth requirements and so on. These are public instruments that should be made available to all. Firms selling these products are quite clear communicating the risks associated with the products. I've used them for years, as a small portion of a portfolio to achieve my overall objectives.
Hi,
I think it's important to maintain individual's freedom to invest in any manner desired. Putting up barriers to entry will exclude the every man and benefit only the wealthy who are able to hire specialists.