Justin Holdgreiwe Comment On Regulatory Notice 22-08
Inverses are great
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.
Inverses are great
We don't need the government telling us how to invest. The USA is a free country.
Investing in any security is complex. There are individual securities that are of much higher risk than the leveraged securities. The leveraged securities are offered generally for indices which consists of tens of hundreds of individual stocks. In the absence of leveraged securities investors will go into margins which is equally risky. Investor education will certainly help but it should not be used as a tool to prohibit someone from owning/trading leveraged securities.
Why is the Government taking away my rights!
Individuals not regulators 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. I should not have to go through special reviews of processes to invest in public securities, such as leveraged and inverse funds. Please do not cut out the ability of the individual to have to same access and investing options available to "high net worth" or investment institutions.
I want the choice to invest my money however I see fit.
Free market, let us buy what we want
PLEASE LET US maintain your current FREEDOM to invest in public securities of my choosing!!
Don't touch my freedom to invest in whatever I choose.