Blair Christensen Comment On Regulatory Notice 22-08
To whom it may concern, please use your time on other issues and allow the common investor to have this opportunity. Thanks
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 whom it may concern, please use your time on other issues and allow the common investor to have this opportunity. Thanks
I oppose restrictions to my rights to invest and the rules should apply to all, not just the wealthy or privileged.
I should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
There is no further need for the government to >further< limit my access to leveraged investment funds. Information on the risks is made available to investors and it clearly lays out the uses and risks of these investment products. I(we) do not need further government intrusion into this area of our personal investment decision making and choices.
I have been involved in saving and investing from a very young age.,and have been actively trading in my brokerage account since 2010.These leveraged/Inverse funds help a smaller investor with limited capital increase returns always keeping in mind the risk involved. You do need to read how each fund operates,but that goes for all investments.,bonds,equities,commodities. If there is something that was overlooked or needs to be added to the prospectus as precaution to investors that would be fine. I consider these funds no more complex than buying any other asset.
Why are WE THE PEOPLE allowing this new group of political socialist/communist make decisions for us? We voted them in office to work for us. If a trader wants to trade leveraged funds then that is our business. There needs a stop to this over governing of us the same the FDA needs to keep their nose out of things like banning the supplement NAC.
Please do not limit leveraged etf
Dear FINRA Regulators,
As an individual investor and financial advisor who is competent in understanding the complexities of investing in leveraged funds but does not hold what would be considered a high net-worth, I appose this action.
Over the years, I have spent thousands of dollars, if not hundreds of thousands of dollars, to buy insurance and rarely received any financial return on them. Those thousands of dollars have gone down the drain although I did acquire peace of mind when I had them. I did not have to consult with anyone or get permission from anyone to buy insurance. That same thinking goes for leveraged and inverse funds. They are a source of insurance for me and provide peace of mind. At least there is a possibility of financial return, unlike my other forms of insurance.
As a retail investor I believe the public has the right to make informed choices to invest in leveraged funds and not to have this ability restricted.