Min Zhao Comment On Regulatory Notice 22-08
I would like to buy leveraged and inverse funds and dozens of other popular investments as usual!
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 would like to buy leveraged and inverse funds and dozens of other popular investments as usual!
I am firmly against the proposed changes to limit access to and actions on leveraged and inverse funds. For myself and others like me, they are a legitimate, useful, and profitable investing vehicle that form a significant portion of my short term investing strategy. Respectfully, I am asking that you do not over regulate where it is not needed.
To whom it may concern, FINRA's current effort to seek restrictions around "Complex Products" appears to fall into the category of "fixing something that isn't broken." This is something the government often appears to excel in and in this instance reads as a rather arbitrary and capricious effort to restrict access to investment choices. As a rule, I vehemently oppose such regulation.
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 shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies.
Investors should be free to invest any of the types -leveraged or not. Simple. Keep the hands of freedom of choice.
Pro shares leverage has made me tons of profit and I use it to hedge risk. Do not limit my ability to hedge risk while you guys in the government increase the debt, destroy the dollar, and destroy the economy because you guys werent prepared for Covid. To cover up your mistakes you too leveraged and hedged risk to save the economy but it is us the tax payers that have to pay for your screwups.
These leveraged and inverse products are valuable instruments for managing risk and seeking enhanced returns. I understand these instruments and I object to any friction that prevents me, or any other investor, from using them.
Hello sir/madam
I am disappointed to hear in the addition of more regulation possibly being put in place impacting the middle income investor. These regulations continue to give those with money more opportunities and those without less. I encourage you not to proceed.
I am against any regulatory restriction in the investments I choose to use.
I should be able to choose the public investments that are right for Me and My family. Public investments should be available to all of the public, not just the privileged. I like to have many investment options and that includes leveraged and inverse funds that can provide enhanced returns. I use these types of funds to diversify. Please do not limit access to these type of investment options.