John Virchick Comment On Regulatory Notice 22-08
I oppose restrictions regarding my right to invest in leveraged and inverse leveraged securities.
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 regarding my right to invest in leveraged and inverse leveraged securities.
I oppose any restrictions on my rights to invest in leveraged and inverse ETFs.
This is an unconscionable intrusion into my financial life. How dare you assume I'm too stupid to understand or that I don't know how to manage my own money.
If there is something innately wrong with these financial instruments, then outlaw them for everyone. Otherwise, if they're legal instruments, it's my business and mine alone whether or not to invest in them.
I have a right to trade ETFs. I want to continue trade them. I have experience trading them for 15+ years
We should have the right to invest in any public investment without regulation. There should be no requirements to go through for the average American to invest in any above board, public stock.
Im not in favor of this new regulation. Please vote NO.
There should be ETFs that support both bullish and bearish trends that investors can trade in.
Do not place restrictions, I am responsible for my own actions.
I understand that investing in leveraged funds has it risks but how to invest my money is my choice. I appreciate just and transparent regulations but limiting peoples freedom of investing is not one of them. Perhaps you should have regulations so that the ones who manipulated the market for their own profit but sent our economy into crisis, such as the one in 2008, will go to jail.