Navin Lalwani Comment On Regulatory Notice 22-08
To whom it may concern,
The prospectus is clear and easy to understand. Products like TQQQ and SQQQ are behaving exactly as expected. No additional regulation is needed at this time. Thanks
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.
To whom it may concern,
The prospectus is clear and easy to understand. Products like TQQQ and SQQQ are behaving exactly as expected. No additional regulation is needed at this time. Thanks
This level of control is unnecessary, and instead just represents government overreach into what is otherwise free market capitalism. If investors feel that these funds are too risky or illegitimate, they will not and should not invest in them. It is unnecessary for the government to be involved in restricting the availability of such funds.
Ladies & Gentlemen,
I should be able to choose the investments that are right for me and my family. Public investments should be available to all. I strongly appose restricting these options.
Thanks,
Dave Schuster
It is necessary to have the leverage ETF!
I oppose restrictions on my right to invest in public investments. It is up to me, not regulators to chose what investments are right for me and my family. I shouldn't have to go through any special processes to invest. I am capable of learning what I need to invest on my own. Leveraged and inverse funds are important to my investment strategies - they are used in my portfolio to protect my investments and increase my returns on investment. I find it insulting that FINRA is attempting to take this right away from us and to control our ability to invest as we deem appropriate.
Please dont change the rules.
I oppose efforts by FINRA to restrict how I can invest (which could include leveraged and inverse funds). I well know the risks involved and choose to make my own decisions along the risk/reward path.
I have been investing in the stock an commodities markets since I graduated from the USC school of business in 1973. I have been investing in these markets for decades using leverage and inverse funds and do not need any regulations to help me at this point. Our markets should remain free and open.
Do not limit and regulate my right to invest freely. Do not place restrictions and barriers to an individuals access to invest in leveraged ETF products. It is unfair to barriers to such investing which would impose undo costs on average investors such as myself who are fully capable to make these decisions and invest in such products in a diversified portfolio.
Investors are free to seek professional guidance in their investing if they choose which is ample protection in such decisions.