Derek Clemens Comment On Regulatory Notice 22-08
I believe that investor education, transparency and risk disclosure should be the primary focus of FINRA and the industry.
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 believe that investor education, transparency and risk disclosure should be the primary focus of FINRA and the industry.
Inverse and leveraged funds are a perfectly transparent and clear way for investors to gain advantages over various market conditions without the complexity of option agreements that could expose them to massive risk. Unlike a short option, losses in an inverse fund are limited to the size of the investment, a responsible and conservative path for any investor.
I oppose restrictions on my right to invest in public investments.
Please do not let the government take away the people's choice in how they choose to invest their money. Please help stop this from happening.
I WOULD LIKE TO KEEO MY ABILTY TO CONTINUIED INVEST
I have been investing for the last 45 years. My father and grandfather and many family members invest on their own. We all have done well. None of us were rich to begin with, but OUR OWN PERSONAL CHOICES AND DECISIONS have sure helped us to achieve a retirement we are happy with. I DO NOT SUPPORT RESTRICTIONS ON HOW I OR ANYONE ELSE CHOOSES TO INVEST.
It is our constitutional right to be able to invest in funds based on any type of product. The fund managers should be able to manage a crypto based fund the same way they manage a stock or bond fund.
Investing is a fundamental right of all people. There should be NO restrictions on investing. Seeking counsel from those trained/licensed in a variety of investments is always a wise choice. Those seeking investors frequently set minimum requirements of their own which restrict investment opportunities. Everyone knows their ability to invest and their tolerance for risk. Even the wealthiest people on earth do not know everything. They often rely on the knowledge of those who have specialized training and knowledge.
We need less regulation, not more. I can make my own decisions on where I invest without the government being involved.
What makes a leveraged etf any riskier to invest in than any other etf? Adults can understand the risks and make decisions based on those risks without government help.