Carl Summersett Comment On Regulatory Notice 22-08
Please get out of the parenting business! No!
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.
Please get out of the parenting business! No!
Regulators,
Regarding FINRA Proposed Rule #22-08, I - 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 or those you deem qualified. Less regulation, happier investors.
I shouldn't have to go through any special process like passing a test before I can invest in public securities. I am fully capable of understanding my investments and their risks, without your involvement.
I am writing to voice my opposition to the proposed rules for investing in leveraged and inverse funds. Its a violation of my rights as an investor and imposes unreasonable burden on my ability to trade in a timely manner. I consider myself well informed and do not need additional regulations to guide my investment choices. Leveraged and inverse products are an important part of my investment strategy. They provide important hedging functions and enhance returns as part of my overall portfolio
We Have a Right to Invest Our money the way we Want!!
The proposed restrictions will adversely impact my ability to make informed investment decisions for me and my family and further disadvantage smaller investors such as myself against large high net worth investors. These proposed regulations will further exasperate income inequality and are not good for the US economy. I kindly ask that these measures are carefully reconsidered with the small investor in mind. Thank you.
An individual should have the right to invest in anything he chooses without government interference.
Hello- I really want to keep the ability to buy leveraged and inverse funds as these are very good tools to hedge an overall portofolio,especially in these volatile times. Please keep our ability to continue to trade these tools and give the smaller investors these crucial trading rights.
Enough with the restrictions, I should be able to choose which segments I wish to invest in. Data is todays new form of currency and Crypto related segments are 1) tech driven, 2) tied to trove of data 3) at a min a Fund like BITO is managed so the diversification is built in even though its a speculative emerging market.
If you start limiting these things then why let investors invest with public companies tied to national defense protection act or allow government officials to invest in segments they can manipulate. Seems contradictory
Please concentrate your efforts on dark pools and regulating citadel and ken griffin from using algorithms that trade against small investors. Pay for order flow should be made illegal.
I oppose these regulations. I have been contributing to my 401K/403B for over 30 years and the government should not have a say in what my investments are. I worked hard to save that money. You don't see my hands in their pockets. Keep them out of mine!!!