Scott Saunders Comment On Regulatory Notice 22-08
I strongly believe that I should be able to choose publicly traded companies as I see fit for my investments. i fully understand the risks involved with leverage and I accept them.
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 strongly believe that I should be able to choose publicly traded companies as I see fit for my investments. i fully understand the risks involved with leverage and I accept them.
Hi there, Banning retail access to leveraged products unfairly advantages the richest people in our country. Leveraged broad market indices allow more opportunity for common investors to generate income. There are infinitely more speculative and risky investment choices that the common investor would choose if leveraged products are banned. There is no logical sense in banning a product to everyone but the rich institutional investor. I could see how a disclaimer or a quick quiz, like the one required for options trading, could be used. But an outright ban is nonsense. Thanks.
I would like to continue investing in leveraged ETFs. Please don't change the rules.
Investment restrictions on leveraged products should not have significant restrictions. A simple age-based (e.g. 25 0r 30 years old) and/or small investable assets requirement (e.g. $25,000) along with attesting to reading a warning statement regarding possible losses should be the MAXIMUM restriction. Please do NOT limit to "high net worth" (this does not necessarily potend an investor's knowledge level or perceived ability to assume the risk).
Big Bankers, and stock Commodity Firms, do not have the right to manipulate the voice of the PEOPLE, WE THE PEOPLE have put our money into these firms to grow retirement accounts, we did not choose to be deceive and make laws that fit their agenda.
a well as, some Americans have ethics, you many not be privy to that work, it means that I would like to invest in American owned companies, and not support other corrupt governments, as we see has been going since the 80's.
Public investments should be available to all of the public,
not just the privileged.
If you regulate short selling you limit price discovery. China is restricting all kinds of rights with stock trading. In China you can't even talk about any bad about the market or stocks. Let's not make the same mistakes. enough!
you should be ashamed for trying to minimize retail investors access to many useful and powerful investment instruments.
I do not agree with this proposed new regulation, especially with making it available to only high net worth individuals. I am not a high net worth individual, but I do fully understand the risks associated with investing in these securities and I am using these instruments as part of my overall investment strategy.
I could go into a long monologue about why this is wholly unnecessary, and un-American, but I'm a very busy man, a business owner and former Series 7, 6, and 66 SEC license holder, so I know I qualify to invest in this stuff and probably will regardless of whatever ridiculous rules you grifters dream up. I also have been doing business and investing stuff long enough to know that you corrupt degenerates only come up with these "consumer protections" whenever your "elite" cronies start getting beaten by the "little people".
I oppose restrictions to my right to invest in public investments including leveraged funds and inverse funds. These funds are important to my investment strategies and to seek enhanced returns.