Donald Kelly Comment On Regulatory Notice 22-08
We do not need more governmental regulations especially under this illegitimate regime!!!!
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.
We do not need more governmental regulations especially under this illegitimate regime!!!!
Inverse funds serve an essential purpose as a hedge against severe market downturns. During the 2008-2009 crisis I lamented the fact that absolutely NOTHING in my investment portfolio increased in value. I urgently sought funds from other sources so as to be able to scoop up bargain stocks in which to invest at rock-bottom prices. After this debacle, I decided that it would be prudent to invest a small portion of my portfolio in an inverse fund to serve as a sort of portfolio insurance.
This is vital to maintain freedom in America....
Comments:
Please retain these useful hedges.... suggest more plain language disclosure of risks including Gamma decay.
Comments: Protecting retail investors shouldn't go so far as acting in loco parentis.
Comments: Dear FINRA, I fully understand the composition and risks associated with complex leveraged funds. They are short term in nature and utilize complex derivatives, mostly swaps which may or may not be regulated by public markets. They are an excellent way of maximizing short-term returns when identifying a correct short-term trend in a particular market sector. After voicing concern many years ago about the impact of potentially having private derivatives affecting public companies, my concerns were ignored by both the SEC and PCAOB at the time.
Investment should be okay for everyone.
I do not need a regulator to tell me what I can invest in or not, unless there is clear evidence that there is insufficient market competition, market failure or market inefficiency. I use a portion of leveraged funds to either hedge my overall portfolio, or to enhance my returns, depending on where the market stands at a given time. As an almost-fulltime personal investor, I am well-versed in the workings of the market and its investment vehicles, and don't need a regulator to work on my behalf, at the risk of possibly interfering with or inhibit my results.
The world currency system is changing.............. and cryptocurrency funds is one of the systems for investment.
It's Absolutely Rediculous.We as a FREE PEOPLE have the right to direct our money any way we see fit including investing our money in whatever way we see fit.The SOCIALIST DemoRats are becoming more,and more COMMUNISTIC and if we allow them to take away our RIGHTS we will never get them back EVER!!!!!!!!!