Daniel Guo Comment On Regulatory Notice 22-08
To uphold the free market principle which is the foundation of America, investors should have the free will to invest the financial product based on their own risk profile.
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.
To uphold the free market principle which is the foundation of America, investors should have the free will to invest the financial product based on their own risk profile.
I absolutely oppose ALL of the proposed actions in this notice!!
STOP TRYING TO PROTECT INVESTORS BY PASSING RESTRICTIONS LIKE THIS. Most investors dont even know what leveraged/inverse ETFs are; those of us who do, are sophisticated enough to understand the risks involved and we dont need any more protection that limits the free market.
I use these investments to leverage some savings to insur retirement as I do not have a retirement fund.
They are an important part of diverse growth.
I OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST! We - 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.
Please do not restrict my ability to trade ETF's such as TQQQ, SQQQ, UPRO, SPXU. These leveraged funds are VERY IMPORTANT to me in my Fidelity 401k Brokeragelink account. I am an experienced investor, and believe that I should be free to continue using these valuable ETF funds in my trading strategy. Especially the inverse funds, which allow me to make money while the market averages are falling.
I'm an ordinary person and I routinely use leveraged and and inverse ETFs to take advantage of special situations at a minimum of risk.
I strongly oppose this rule of banning the 3x leverage ETF. Its so unfair to take away our normal peoples limited resources away from us. The big institutes and the rich have all resources to do their investments. The stock market is the most important way for us to grow our assets and 3x ETFs are an very important component or it. I strongly oppose the ban of 3x ETF. Its not fair for us.
Hi,
As an investor, I own a few leveraged ETFs which are critical part of my overall asset portfolio. I strongly oppose any plan to restrict access to these ETFS by any means because investments in these leveraged ETFs are my rights and setting any restrictions may hurt my wealth. I fully understand the risk and rewards of the leveraged ETFs and hence make my own investment and trading decisions which have been quite successful. Please do NOT pose any restrictions to the leveraged ETFs that I own.
Thanks
I have years of experience as an institutional analyst/portfolio manager. The notion that I cannot invest my own funds as I please due to a gov't agency trying to protect me is absurd. If you want to protect investors, eliminate accounting fraud and the use of nongaap earnings in analyst reports.