Jack Liu Comment On Regulatory Notice 22-08
I should have a right to invest what I believe is appropriate to me. I should take my own responsibility on my own wealth.
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 have a right to invest what I believe is appropriate to me. I should take my own responsibility on my own wealth.
These products are useful to a informed trader. Removing these would be like dictating what people can invest in. What's next, all stocks under 5 dollars or 1 dollar. It is our right to make these choices. Don't take my rights away.
It is necessary that I have access to Fidelity
Its not right to let only the rich get richer while regulating the Everyman.
I oppose this regulation
If retail investors are not allowed to buy leveraged ETF's, then the same should apply to institutional investors. The playing field is so distorted to favor wall street firms, bankers, and institutional investors, that it is a gamling casino not an Investment arena, and the problems caused by institutional investors have wreaked generational problems on the American economy, at the unfair and political advantage to the very criminal risk takers that defraud investors, get bailouts and manipulate markets, all of which is public information and easily observed.
Dear FINRA: DO not steal my free agency to invest my money as I see fit. DONT HELP ME. I need the leveraged and inverse trading financial instruments in order to hedge my portfolio. I especially dont need your mandate to complete a trading school of any kind. Leave me alone. If you still feel the need to stick your self righteous ignorant nose into other peoples affairs may I suggest [REDACTED]
Stop this potential ruling!
I currently hold these types of inverse volatility funds and am against not being able to buy and sell them. Please don't change the regulations!! Thank you.
I use leveraged and inverse ETFs as a part of my investment plan for my family. It's easy to understand what they are and how they work. No restriction on who can buy them should be made.