Benny Lawrence Comment On Regulatory Notice 22-08
Further restrictions may not serve in anyones interest.
Please do not proceed any further.
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.
Further restrictions may not serve in anyones interest.
Please do not proceed any further.
Typical Government - Trying to take MY RIGHTS AWAY!!!
I should be the one to determine what investments are right for me and my family. The privileged should not be the only ones that can make public investments.
I really don't appreciate when a governing body thinks it knows more then I do, especially in matters of finances when you all can't e-v-e-n keep your own house debt free.
So your regulation on leveraged funds - what do YOU Actually know about it, hmmm.
Do YOU invest??
If you did, you would NOT be making such stupid assumptions about the rest of us who make a conscious CHOICE when we invest in these products.
Go back to school - and stay there - don't come out into the real world - you and your regs do NOT belong here.
Dear FINRA,
I've heard and am very concerned about the potential new regulations restricting access to leveraged and inverse mutual funds and ETFs.
I don't understand why It's problem about leverage eft. it's just etf.
Please allow us to participate in free markets. Stop trying to only help the elite and corrupt government officials. You not regulators 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.
I should be able to invest leverage ETF with my own risk
I appreciate your concern for my financial well-being,1 Corinthians 10:24. But it is my responsibility and decision to use those resources as I believe I should, Acts 5:4. The last thing we need is more intervention in our personal affairs. We are responsible to educate ourselves and use that knowledge as we chose.
This would be an encroachment on personal freedom and our constitutional rights.
I do not believe we need government regulators limiting our investment choices. I have used leveraged funds to help balance my portfolio for years and I should have the rights to continue to do so. I am well educated and more than capable of properly using these financial instruments as part of my overall investment strategy.
I oppose restrictions as to how I choose to invest my money.