Sylvia Ching Comment On Regulatory Notice 22-08
I object to this.
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.
I object to this.
I should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged.
While requiring disclosure of additional information regarding complex financial products seems good in principle, it seems quite possible that this will be yet another textual agreement that almost nobody reads and most people click through. Figuring out who needs the information provided and how to present it in a way that they will understand it seems important.
I oppose this limitation.
Concerning leveraged and inverse funds, I want to retain the right to buy or sell shares as a means of buffering and protecting my portfolio positions as I see fit, Stupid is, as Stupid does Forests mama always says. Regulators will not stop Financial Illiteracy or illiteracy in general. [REDACTED], they cant even stop smoking!
Leveraged and inverse funds in particular are an integral part of my portfolio protection strategy. Taking away this choice for me and my family will significantly reduce my ability to deal with down cycles. It is critical that this option remain in place.
Leave my investing strategies alone... please!
This type of investment stratigy is important to my retierment success - do not stop me for being able to trade and suport my family - Thank you
Please allow investors to continue to invest in leveraged & inverses funds. Its a way to diversify or go after a segment.
To exclude funds for general investors will limit options to only higher net worth investors would be a mistake
Restricting investors abilities to trade certain funds under is absolute criminal [REDACTED] Institutions and the wealthy making rules under the guise of protecting us from ourselves is the most corrupt and dishonest [REDACTED I have ever heard.