Craig Larsen Comment On Regulatory Notice 22-08
No need to babysit investors
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.
No need to babysit investors
Individuals should have the right to invest their money in whatever types of securities they feel most comfortable purchasing. Unnecessary regulation of securities prevents people from having the opportunity to invest in a way that makes the most sense for their future.
I am 71 years old. I have been investing in stocks bonds and especially ETFs since I was 31. My experience is that leveraged ETFs an inverse leverage ETFS Have allowed me to safely invest for 40 years. Without these investment options I believe my long-term financial situation in retirement is at risk. I understand the risks of these investments and invest wisely. I dont need help from regulators and regulations to guide my investment choices or to limo them. Regards, Raymon DeGrella
Narrowing down those who can invest in certain instruments to only those who have a certain net worth or putting other logistical challenges which only people of a certain class can engage in is classism. Just because someone has a lower networth does not necessarily mean they have the inability to discern important investment strategies. Furthermore, if an investment vehicle, however "complex", is a very good option then this regulation will allow those with certain wealth to outcompete those without and does not create a level playing field.
My name is Ivan Zubkiv. I'm very dissappointed that the regulators are trying to eliminate my rights to chose hove I should invest and what investment I have to choose. I want to be free and have a rights to chose my self to trade what I want and in what to invest. I want to be treated as the same as every reach person or company, have the same rights and be able avoid annessesary measures that limitatiding my options. Please consider my opinion as an free United States Citizen.
I understand the risks associated with investing after more than forty years of managing my own investments. Having inverse and leveraged options is an important element of my investment strategy, especially after 1987, 2001, 2007, and 2020. Is there more to this diabolical plan to restrict my options? Please bear in mind you are elected officials.
I want to invest my money how I want to and as much as I want to. I have just as much right to become a millionaire as any one in the government does.
please do not stop us from investing. I very much enjoy exercising my righy to purchase stivks and crypto currency. especially if the leaders of of our country can trade stocks, we the people should also be able to participate in the free market. thank you for your time thank you for reading this
I'm writing to let you know that I vehemently oppose this regulatory proposal for the following reasons.
1. I use leveraged and inverse ETF's regularly in order to manage and reduce risk in my investment. These ETF's allow me to hedge against market risk, and therefore are a very important part of my portfolio.
2. These public investment securities should be available to everyone, not just the privileged. If these regulations are passed, it will only widen the gap between the wealthy and ordinary investors because the wealthy will have the advantage.
Comments: we don't mind trading the complex instrument