Anthony Polito Comment On Regulatory Notice 22-08
The people should be free to invest their money in any legal asset. Full stop.
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.
The people should be free to invest their money in any legal asset. Full stop.
I completely disagree that regulators should be able to own the right to deny me the ability to use leveraged and inverse funds. I've been trading with these instruments for a decade and they have preserve my capital, and grown my net worth. Without these instruments, I'd be in trouble. These are very important particularly in the market we are in now when I can hedge my accounts for the short and mid term with great inverse funds. I'd be even less inclined to trade and invest without these instruments.
I oppose limitations to investing in leveraged funds. Limiting this favors Wall Street over me, the individual investor, and its not right. I am capable of making my own decisions.
Leveraged and inverse funds should be available to everyone, not just the privileged. We started buying leveraged and inverse funds in 2011 and over the course of the last 11 years, we have continued to invest more in those funds as we've seen our best returns from these investments. They have also gone down in value but we do not sell when it's down. Leveraged and inverse funds have enabled our family to have a level of wealth that would not have been possible without it.
Leveraged and inverse funds can play a useful role in a self-managed savings or retirement investment portfolio. Their use should be available to amateur, everyday investors as part of a personal investment strategy.
I oppose limitations on my ability to invest in funds.
I am extremely educated on the use of leveraged and inverse funds --I use them to protect other investments--why would you take this type of tool away
Please continue to allow me to invest in leveraged ETFs and funds. It is an important part of my safe and balanced retirement funding. Thank you.
I as an individual investor should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. I am capable to understand leveraged and inverse funds and shouldn't have to go through special process of taking tests. I urge you to keep all inverse and leveraged funds available to all public to invest without any special restrictions to few of them.
We should be able to spend our hard earned money the way we see fit we are a free country and we will not stand for communism or communist treatment