Adam Kelley-Chown Comment On Regulatory Notice 22-08
Please stop restricting the retail investors options even further. This reeks of changing the game because some people are upset the playing field has leveled a bit, which is certainly has not.
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 stop restricting the retail investors options even further. This reeks of changing the game because some people are upset the playing field has leveled a bit, which is certainly has not.
Instead of creating new regulations that impact individual investors you should focus on making investor education easily accessible. Having a digital library full of the information you want us to know that is easily accessible and having brokers include a link to it within their platforms should be more than sufficient for anyone who wants to learn.
I am in favor of being able to invest in any and all of the assets described in the rule #S7.
I oppose the proposed new FINRA regulations that would restrict investment in leveraged and inverse funds. They are an important part of many investors portfolios, with good reason, as they can help maintain financial stability (as in recent months). Also the definition of complex products is so broad, arbitrary and vague that it could ensnare a vast number of commonly used public securities.
As of this date/ ProShares stock is around 23$. Like all stock-you may acknowledge that you can lose money. There should be an understanding that it is suggested that you limit your investment. You may want to request that ProShares send out a letter of understanding of what ProShares is all about and the that the possible investor check mark each paragraph that was read and hopefully understood.
How are you going to restrict a mans ability to participate. Leave it for only the rich? Disgusting
I want to retain my right to invest in this type of investment!
Leveraged and inverse funds should be allowed as public investments, without the need for special training or high-net worth accreditation. I use them as a hedging strategy to reduce risk and exposure to market volatility. My investments would have increased chance of loss if these funds were not available.
Please oppose this
How about you let me decide my risk tolerance and stop meddling in markets. We dont need or want your help.