Wilbert Slocum Comment On Regulatory Notice 22-08
The opportunity to allow people to give their money a chance to work for them should not be restricted. People should have the right and opportunity 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.
The opportunity to allow people to give their money a chance to work for them should not be restricted. People should have the right and opportunity to invest.
I employ a mix of stocks, and both leveraged and non-leveraged ETFs to achieve investment goals for over 10 years. ETFs provide a facile means to establish both long and short positions when markets reach extreme levels. Non availability of inverse and leveraged ETFs would make establishing planned portfolio positions difficult, if not impossible.
I getting tired of branches of government creating new ways of making life harder to get ahead. For retirement, short and long term investment and more. Every time something new trickles down to us common people to better ourselves you decide to regulate the hell of it. Making it harder to be able to do for myself and better protect my future outcome.
I strongly oppose the regulations being considered by the Financial Industry Regulatory Authority (FINRA), that we may not be able to buy leveraged and inverse funds and dozens of other popular investments deemed to be complex unless we: Pass a regulator-imposed test of your specialized investment knowledge Demonstrate a high net worth Get special approval from your broker Attest to reading certain materials Go through cooling off periods during which you cant invest Please stop moving forward with these unnecessary regulation that hurts only the hard working middle class who want to have t
anyone who buys leverage etfs should be advised by their broker that their is risk but it is a good investment i love leverage but you need to know what you are doing please do not ban this i like taking on risks but i have strategies besides options which are way more risky
I oppose this rule. This is just another way to protect Wall Street and suppress retail investors. Retail investors have more than enough FREE information and support to understand any investment strategy.
Stop these stupid rules now!!!!
Please leave leveraged funds alone and please don't require retail investor to jump through hoops in order to invest in leverage funds.
Leveraged investments should be available to public investors, regulation on leveraged ETFs will not lower the risk of stock market investments but will rather lower the freedom of the market itself. Power will also shift from individuals to major institutions who are able to meet proposed measures. These institutions will then have even more power against common investors. Leverage will not go away, it will simply be shifted to those who already have power and influence.
Stop meddling in private business. Our government has made.a mess of our country .by doing things just like this and we,the citizens of the U.S., are sick of regulations that are not in the interests of the people.