Young Cho Comment On Regulatory Notice 22-08
The inverse investment is an important strategy for my fund investment. Please do not stop them. Thank you in advance.
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.
The inverse investment is an important strategy for my fund investment. Please do not stop them. Thank you in advance.
Inverse and leveraged fund is a great way of hedging my family's wealth against downside risk. I have been doing it for many years and I oppose to limit my investment option.
As an american citizen, that pays a lot of money in taxes, I think it should be my choice on how I spend what's left after paying the government so much of my earnings. It's the not the government's responsibility to deem whether or not a particular investment is suitable for me. Do you regulate how people go to casinos and gamble away their checks? Do you regulate how much a person is allowed to gamble in growing game of online sports gambling? No, you don't. Well, I don't do any of those things. I invest all that I can.
This REEKS of corruption by the FINRA!!! There is no one out there that FULLY understands every aspect of the stock market, Doctorates (multiple) or none. The market is simple principals that work either on an ETF or common stock. There is not a single stock that is 100% guaranteed to make a profit, some are much more riskier than others. The FINRA should not be Wall Street’s thug enforcer, but should protect an open market and the American Dream. If this passes, it will be another chunk of the American Dream lost! It is my investment and should be my choice how I invest.
Leveraged and inverse funds are important to my investment strategies. Very valuable tool to use leverage and inverse funds, as they help me protect (hedge) your investments or seek enhanced returns, and I use them as a limited part of your overall portfolio.
SEC should look into insider trading of some of our elected officials and FED officials, instead of good and sound investment instruments. Please do things you need to do, not random other things.
I oppose adoption and enforcement of SEC Proposed Rule #S7-24-15. It unreasonable resists access to trading instruments.
I oppose limitations on my investments in leveraged and inverse funds. I want to be able to invest freely.
I believe individuals can and should do proper research and use their own abilities to assess risk exposure. The ability to trade inverse and leveraged funds is indispensable and key to holding a balanced portfolio or responding to volatility in the market. Without inverse funds I personally would have to pull my assets out of the market to react to current and possible future market conditions.