Athene Chan Comment On Regulatory Notice 22-08
I should be able to invest in the public investments that are available. There should be not any special process like passing a test before I can invest in public securities.
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.
I should be able to invest in the public investments that are available. There should be not any special process like passing a test before I can invest in public securities.
Public investments should be available to all of the public,
not just the privileged. If you want to issue a written warning or a statement of investing risk ok but no restrictions on what I can invest in. Thanks
You better not take away my right to invest
This rule is not in line with capital investment
Please leave it to individual investors to make investment decisions for themselves.
What I would suggest is the following: You may require that a prominent warning for LEVERAGED funds like SPXU, TMV, etc. be displayed that they their value decays with time and therefore they are suitable only for short term trades. The current common warning that they are suitable for EXPERIENCED day traders is indirect and insufficient for less-experienced investors.
I strongly oppose restrictions on my right to invest in public leveraged investments.
This is very unfair. Why? I oppose it!!
As a long-term holder of leveraged and inverse investment positions, I would vehemently oppose the removal of these investment vehicles.
These investments broaden my set of choices and exposure without requiring as much capital or the need for options trading.
The removal of options from a publicly traded market place deprives it of diversity. Diversity allows investors to better invest their hard-earned money.
I as an investor am well informed of the risk associated with a leveraged fund but am also aware of the benefits of these as they allow me to have insurance against market swings without having to allot a large portion of my portfolio.
They have a place for a personal investor like me so I do not have to invest a larger portion of my portfolio in riskier option trading or short selling for some protection.
I should be allowed the same tools as any market investor regardless of size.
The people we'll not have our freedom of oppose restrict ions on our rights to invest. We will not have this right taken away, we stand together on this platform