Jordan Briceland Comment On Regulatory Notice 22-08
Please allow investors to buy these.
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.
Please allow investors to buy these.
I and other members of the investing public are perfectly capable of reading and deciding what to read regarding our investment choices. There is no need for regulators to discriminate against and take opportunities away from lower net worth individuals in an effort to ensure that we read information we are fully capable of accessing.
Let me invest my money the way I deem fit. You are responsible for keeping me down and in the rat race by keeping me out of investments that can change my life. If you are so concerned about these types of investments then make gambling illegal.
I hold positions in many of these at-risk funds in my portfolio. I find many of them to be useful for reducing my overall risk by spreading my investments across different asset classes and reducing the overall volatility of my portfolio. I am fully capable of understanding my investments, their risks, and their rewards. I do not need to prove my understanding to anyone before risking my money. I do not need any restrictions on my right to invest.
I would be opposed to limitations on leveraged and inverse funds for investors. I use these for a small portion of my portfolio to increase returns and limit risks. As long as investors are given a suitable disclosure this should be enough.
STAY OUT OF OUR LIVES
Let people invest freely at their own risk, not just the wealthy.
Voya is regulating what I can invest in with my 401k and charging me money if I invest in something they don't approve of!
I want the access to be able invest in leveraged and inverse funds. I understand the risks and dont want take a test to have the access to invest in leveraged and inverse funds. Inverse funds helps me protect my net worth and savings since its hedge against market drops.
I think restricting access to leveraged & inverse products is a terrible idea. These are useful products for everyone from small retail investors to big institutions. Passing restrictions will simply create a system where it's even harder for someone trying to create wealth to do so, whereas someone who already has wealth can accelerate its accumulation. E.g. you will be increasing the wealth gap.
Please stop trying to protect us from ourselves. We know what we're doing.