James Graf Comment On Regulatory Notice 22-08
I oppose any restrictions to my right to invest.
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 oppose any restrictions to my right to invest.
It behooves FINRA to not obstruct my investment decisions.
I oppose any restrictions to my right to invest.
Retail traders or investors should be able to freely choose whatever products that fit their trading strategies.
The restriction of investment in non-traditional stocks and bonds is a driving force in making the investment playing field unlevel between the regular Americans and HNW individuals/institutions. There is no benefit by limiting the playing field to the average American, and reduces the ability of wealth creation along with hedging abilities that HNW individuals have.
I should be able to choose my public investments that are right for me. I only use a small portion of leveraged funds as a way to balance my larger holdings with less funding by making very simple hedges. These leveraged funds make it far less complicated and less risky than trading in individual options. Please, I don't need more oversight, complications, and regulation when the brokerages already state very clearly my risks prior to utilizing this type of investment tool. Thank you.
It is an investors right to freely access the entirety of the public securities markets without arbitrary restrictions.
FINRAs scheme is misguided because it:
Hurts Investors: It could potentially deny me the freedom to choose investments that could help me achieve long-term financial security.