Alexander Brown Comment On Regulatory Notice 22-08
The proposed regulation violates my human rights.
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.
The proposed regulation violates my human rights.
When these types of investments are used properly, they can be used as hedges against your current other investments. People dont have to use these funds if they dont want to.
Im writing to object the proposed special requirements for investing in the leveraged funds. Such investment is a part of my investment strategy. Please allow me to continue my investments. Thank you for the consideration.
I should be the one making financial decisions regarding my investments, not regulators. I should not need to pass a test before investing. Leveraged funds help enhance my returns and hedge against unfavorable market conditions. I oppose restrictions to my right to invest.
Please do not restrict everyday investors from investing in so-called "complex" instruments.
Good evening,
Being able to invest in the products of my choice is extremely important to me and my family. Without inverse ETF products I wouldn't be able to hedge against long positions in our retirement accounts. The only way to manage risk would be to sell down long positions further increasing risk of abrupt market sell offs. Thank you for trusting Americans as individuals to manage their future.
I'm a small investor and make about 40% to 50% of my capital gains using leveraged investments. I don't want that taken away from me and I don't need testing to see if I have the knowledge and ability to invest this way. I like being able to invest my way for me and family.
Investors should have the freedom to make informed decisions about their investment choices. There are those who of us who desire to use reasonable leverage without the burden of adopting complex and costly options hedging strategies. Leveraged ETFs accordingly provide significant value to us as ordinary retail investors. It is hard to imagine anyone who does even a modicum of due diligence (even a basic Google search) not finding a huge volume of information warning of the potential risks associated with leveraged products.
Public investments should be available to the public, not merely high net worth privileged. Inverse funds are an critical inflation hedge in my IRA and I dont want regulators telling me whats too risky for me, or that Im too dumb, or too poor. I make my own way in this life. Stay out of my way.
I oppose restrictions on our right to invest in public investments. We shouldn't have to go through any special process like passing a test before one can invest in public securities, like leveraged and inverse funds. We are capable of understanding leveraged and inverse funds and their risks. Leveraged and inverse funds are important to my investment strategies.