James Engelder Comment On Regulatory Notice 22-08
I do not want to see additional regulations on leveraged ETF.
I manage my own portfolios and want to keep my options to invest in any product I choose.
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 do not want to see additional regulations on leveraged ETF.
I manage my own portfolios and want to keep my options to invest in any product I choose.
I have over 20 years experience trading leveraged funds. They are vital to my investment strategy both in large accounts and small accounts. In the past these investments have worked well for me. Do not place needles regulations that preclude my trading them. Every investor should be allowed to trade independently as a free trading environment enhances the overall marketplaces
To those who believe they have the Constitutional Right to curtail USA Citizens' Rights to invest as they choose: Please be aware you DO NOT.
The investor, not regulators should be able to choose which public investments that are right for myself and family. There shouldn't need to be some special test before being able to make certain investments. Cryptocurrency is the future and any regulations against it as an investment is wrong and un-American.
Freedom to speech, freedom to invest.
I have been trading leveraged ETNs and ETFs for years and are a major part of my trading strategy. I do not have I high net worth and this proposal would bar me from performing these transactions.
I strongly implore you to reject additional regulations on "complex" investment opportunities.
Ultra Real Estate (URE) has been my absolute best-performing investment in my portfolio. I was and still am aware that gains and losses are 2x in either direction and am satisfied with this holding. Please leave people's investments in these ETFs alone. If I lose money, I will not come to you crying - it was an investment with money that I will not use until retirement in the 2040s.
Before the government starts passing legislation spying on citizens ,show us yours government officials first. You are working for us citizens. No big Brother, no digital currency, no one world order. You government officials spent our money. You should all pay it back. Your nothing but a bunch of thiefs and liars. What hatto our country?
I oppose regulatory limitations on my ability to manage my investments
I believe I have the rights to make my own person choices.