Tommy Lewis Comment On Regulatory Notice 22-08
A free country does not need anyone to regulate anything in their lives .
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.
A free country does not need anyone to regulate anything in their lives .
Please don't further restrict our individual ability to choose investment vehicles that meet our personal investment objectives. While I appreciate the intent anyone should be allowed to invest as they see fit and based on doing their own research. Adding overly high hurdles will limit the investment opportunities for the 95% of Americans that won't qualify and further increase the wealth gap in our country.
Let retail investors invest in whatever they want. It's not the governments job to prevent people from investing in certain securities, especially inverse index funds. Retail investors should be able to play the long and short side without restrictions. Otherwise the investment environment would favor the wealthy who can invest in what they want.
Stop Stealing our Retirement.
We have Worked Hard for Our Retirement!!!!
As an educated investors kindly Do Not limit our ability to invest freely in the Market
Free Market, no Nanny State!
Freedom I wont the right to chose for myself
I not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged.
I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me.
Leveraged and inverse funds are important to my investment strategies. I use leverage and inverse funds seek enhanced returns.
I ask that you do not restrict my investment decision making by limiting in any way my ability to purchase leveraged products. If there is any concern, make it plainly obvious in the investment literature that is "highly volatile", etc. Use of leveraged products are part of my risk assessment process and risk management decision making. DO NOT further regulate!
This looks like just another step towards total control of free enterprise and free thought in our country. I've been a serious and prudent investor in financial instruments for over 30 years. I understand and fully accept the risks involved with conservative, risky, and off-label investments (including leveraged and inverse securities). Since the markets (including Stocks and so-called safer investments like Bonds) have been hurting recently, Ive been looking for downside protection and other investments that mitigate market risk.