James Lerch Comment On Regulatory Notice 22-08
Prohibiting a person the freedom to make their own investment choices based on their "Demonstrated Net Worth" seems like a horrible idea.
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.
Prohibiting a person the freedom to make their own investment choices based on their "Demonstrated Net Worth" seems like a horrible idea.
Is important for me to invest on whatever I want
Leveraged products provide investors the ability to invest without taking on risky margin positions that could lead to potential liquidation scenarios and interest charges. These products also allow investors to assume inverse positions without taking a traditional short position. These products allow investors to participate in more investment strategies and they also assist with diversification.
All investors should be treated equally! Please do not be evil! Removing leveraged ETF from individual investors is a crime! Please dont do it!
Myself and 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. Leveraged and inverse funds are important to my investment strategies.
I oppose restrictions to my right to invest
I WANT TO CHOOSE PUBLIC INVESTMENTS THAT ARE RIGHT FOR ME. LEVERAGED AND INVERSE FUNDS ARE IMPORTANT TO MY INVESTMENT STRATEGIES. RESTRICTIONS SHOULD NOT BE PUT ON MY RIGHT TO INVEST.
I oppose restrictions to my right to invest
People should be free to use their money however they want, especially deciding on what to invest.
We are already allowed to gamble, consume unhealthy food, or buy superfluous goods, including digital ones, with no tangible value nor ROI. Since we are not limited when we are simply spending money, we should not be limited when investing money either.
Investment opportunities should not be restricted to a small segment of society.
Liberty and pursuit of happiness are some of unalienable Rights.
I oppose restrictions to my right to invest