Yan Chen Comment On Regulatory Notice 22-08
please do not pass. individual shall have the right to use those tools when they feel need. find other ways to regulate rather than banning tools directly.
For the Public
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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 do not pass. individual shall have the right to use those tools when they feel need. find other ways to regulate rather than banning tools directly.
I do not wish to have regulations imposed on my ability to invest with my self directed funds. All funds have risks as do equities and I like the ability to manage my own monies and do not need a nanny to direct me to tell me that I cannot invest. The taking away of our freedoms to invest flies in the face of American values-the very thing I joined the military for. I literally went as I loved the USA and the freedoms we had so please do not take this away, it is the fundamental right of choice.
I have 3700 shares and chose to invest this way don't worry about how I chose to invest my money keep your [REDACTED] nose out of it
Dear FINRA Regulators
In a period of history when Federal regulators threaten everything in the Bill of Rights, You now plan to restrict one of the few ways left to counter the massive inflation Congressional overspending has caused. Give private investors credit for having more financial literacy than most members of Congress and the white house. If you think the Overreach of Federal authority on covid mandates caused a reaction, Just keep on with this plan of subjugation citizens.
Do not place further regulatory limits on my right to invest. I have a terminal degree in my field and do not need regulators interceding on my behalf to thwart my well thought out investing strategies. Existing regs are more than adequate.
I think it is not right to limit my trade possibilities. I know what I am doing and I want to continue to do so.
I have the right be able to choose the public investments that suit me and my family.
The leveraged and inverse funds are important to my investment strategies that protect/hedge my capital.
Losing the ability to invest in leveraged funds would put me at a financial disadvantage. It would disrupt long-term investment strategies I've already undertaken. I understand the risks and only use them as a limited part of my overall assets.
Leveraged ETF products have very clear notices to investors as it stands today. There is no confusion of the risks involved. Granted, it would be ill-advised for investors to use extensive margin while investing in leveraged ETFs, I still feel existing risks are clearly indicated and should be my choice.
Leveraged funds are an important part of my investment strategy when seeking enhanced returns, but only in limited quantities as compared to my overall portfolio management plan.