Steven Premo Comment On Regulatory Notice 22-08
Do not pass this regulation. Leave this alone.
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.
Do not pass this regulation. Leave this alone.
I should be able to choose any investments that are right for me and my family. Leveraged and inverse investments should be available to everyone.
I strongly oppose regulators to choose what is right for me or my family to invest. I am considered well versed in investment options, however I object to being tested for my ability to understand and to pick my investment options. This is ridiculous. How much control do you want over us? Leave us alone and let us pick whatever option is right or appropriate for our goals. Leveraged funds give us the ability to hedge our investments and we use them as a small part of our portfolios. So hands off please! We are tired of regulators hovering over investors.
To whom it may concern,
There are already various warnings that pop up when investing in complex and inverse funds. I am capable of making my own investment and risk decisions. No need to limit or bias the market.
Nind your own business. We will handle our investments.
My ability to invest in leveraged and inverse funds should not be regulated in any way. These funds are important to my investing strategy.
Leverage and inverse ETF is important for my portfolio for profit and risk hedging, why do you want to limit my right? Wall Street big whales are using more complex financial derivation to achieve similar purpose with much higher leverage than common leverage etf(3x) , is it fair to limit individual/retail investors to do so? Please stop this and let us trade leverage & inverse etfs.
Please allow us to get from under the thumbs of rulers who want to keep the average Joe for ever getting ahead... I'm a single father and I need to be able to buy/sell/trade crypto and reap the rewards.
How much money is the average American losing each year on "sports betting?" How many jobs does that money flow produce each year? Wouldn't that money be better utilized as an investment in the stock market? Doesn't retail investing produce more jobs? If you agree with the simple premise that a $1 invested in the market is better for America than $1 gambled on sports betting then it's a question of how best to invest that money. Leveraged ETF's play a vital role in hedge investing. That is the safest way for the average American to invest.