Sung Kim Comment On Regulatory Notice 22-08
I oppose restrictions.
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 oppose restrictions.
I 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.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities, like leveraged and inverse funds. I am
capable of understanding leveraged and inverse funds
and their risks
I have been using leveraged etfs for 15 years now. I use them so I don't have to buy or sell the S&P 500 index known as the spy using much more of my trading account. Please do not limit my current freedom to invest in public securities of my choosing.
To whom it may concern.
I believe that current FINRA regulations are sufficient, if followed by investors, to protect investors from investing without knowledge of the specifications of various investments, including such investments that might be inverse in nature and/or leveraged.
The investor always has the choice to use a broker who is supposed to act in a fiduciary manner.
Please reconsider your proposal to limit access to leveraged and inverse funds. Many brokers do not allow shorting in IRAs hence a good alternative is the use of inverse and leveraged funds to allow an investor to hedge and protect a portfolio.
I strongly object to limiting my ability to invest in leveraged securities.
I would like to keep my freedom of choice in investing in leveraged investments
It is the investors right to freely access the entirety of the public securities markets without arbitrary restrictions. As a responsible investor I dont want this right restricted.
Restricting investors from using ETFs to hedge their portfolios is unconstitutional!
Free markets!!! Anything else I'd tyranny!