Wesley Hall Comment On Regulatory Notice 22-08
Government it's not your business to tell us how to invest. It's your business to do the job we hired you to do. Stay out of our choices. Or find a new job. CLEAR?
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.
Government it's not your business to tell us how to invest. It's your business to do the job we hired you to do. Stay out of our choices. Or find a new job. CLEAR?
Do not limit our ability to make decisions on investing. Your attempt to be the decision maker on our ability to make decisions is an attempt to become is an overreach of your mandate.
Who are you to make such regulations? It is none of your business how I invest MY MONEY. You were not elected by me, the people. I probably understand inverse/leveraged investment products better than you. Our country and economy would be much better off if you resigned your government (aka. Unproductive) job, returned your salary to hard working tax payers and secure a job in the private sector. You are probably qualified for many service jobs.
As a public investor, we should have the freedom of choice for myself and family to choose our own public investments.
Dear FINRA,
I have been investing in leveraged stocks for sometime. SSO for example, is my go to stock purchase these days.
Please allow me to invest as I see fit.
Thank you!
I understand the risks of using leveraged and inverse funds and do not need the government to tell me how to invest. They play an important hedge for my investments.
The elimination of these types of investments would only serve the most wealthy, large investment firms and hedge funds. They have the ability and funds to create their own vehicles for protection. These groups already have a disproportionate advantage over the individual investor.
I sincerely hope you consider more than the highest income investors.
Please keep these leveraged and inverse ETF/ETN's fully legal. They are very valuable to me!
Thank you.
Keep your hands off Cryto Currency and leave use alone!!!
This notice and action is extremely unamerican and unlawful. You are dictating how a person is able to make an income and by doing so you're in direct violation of the US Constitution as to where you cannot infringe upon a person's ability to make an income. I plan to have my legal counsel file a lawsuit against FINRA, if you take away my ability to trade proshares inverse positions that I have been holding at an unrealized loss since 2021.
I am a retired insurance business owner and am solely responsible for investing and trading my retirement funds. I use Inverse and Leveraged funds to hedge my portfolio insurance to protect, preserve and grow my portfolio. As a small investor it is vital for me to have use of these tools to use as I see fit without interference from any other authority(s).