Gonzalo Sierra Comment On Regulatory Notice 22-08
I want to be free to invest in any of the financial instruments listed above.
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 want to be free to invest in any of the financial instruments listed above.
I appose restrictions to my right to invest. I am capable of making the decision to invest in an inverse fund to hedge risk for my traditional equities. I do not feel it is necessary to restrict my access to these investements.
I oppose RESTRICTIONS TO MY RIGHT TO INVEST
I, not regulators should dictate what type of investment and type of investment availability to the public that are suitable for me and my family. Therefore regulations should not be an obstacle to freely invest in our democratic society. What regulators should have done is to tell investment institutions to spell out the purpose of the fund in plain English & to the point.
I should be able to choose the public investments that I determine right for me. While I appreciate the regulators intention, they should not infringe on the retail investors RIGHT to trade all publicly traded funds when the risks are well known. Inverse funds are an important investment strategy for me, especially in times of a bear market. Sorry, not my fault it isn't working out for the big guys for once. Stop trying to protect the large funds that are really to blame for these problems.
You not regulators should be able to choose the public investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged. You shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. Tell regulators you do not need these measures imposed on you. Leveraged and inverse funds are important to your investment strategies.
These investment options are critical to managing portfolio risk for many individuals. They should be available to all, and not just the elite. Implementing a rule such as this would allow the rich to continue to grow wealth while not providing the same opportunities for less wealthy individuals. Everyone deserves the right to decide what instruments they want to invest in.
I feel that I deserve the right to invest in what I would like without any additional restrictions, verifications, or high net worth!
I should be able to choose the public investment that are right for me and my family, not regulators. Public investment should be available to all of the public, not just the privileged. You shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. Leveraged and inverse funds are important to my investment strategies, they allow me to make a profit in down markets. I do not need these measures imposed on personal investments.
I should be able to choose what I invest in. Why is gambling legal but I can't invest in what I deem appropriate? Gambling always has a house advantage and I cannot come out ahead in the long run but with investments I know exactly what I'm getting into and the risks involved. I should be able to store my money with NEXO or Celcius without having regulations shoved onto me. I should be able to buy GameStop or AMC stocks on a whim. I should be able to bet on the outcome of an election. I should be able to buy cryptocurrencies and binary options.