Alexander Sokolovski Comment On Regulatory Notice 22-08
Please allow individual investors to make THEIR OWN decisions. Thanks
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 allow individual investors to make THEIR OWN decisions. Thanks
Hi, I'm an everyday investor, saving and trying to grow a retirement nest egg. FINRA is proposing to disallow certain investments that I already have with ProShares. Can you please let individual investors decide what they wish to invest in? I have no need for a "nanny" to decide where I could or should invest the money that I've earned.
I am not a child. If I want to invest in an inverse fund I should be able to. I understand the risk. Stay out of my life.
Investors not regulators should decide if they want the extra risk of leverage.
Leave my investments alone. And checking and savings.
I won't speak to all "complex products" - but the vague, undefined and arbitrary definition should be more tightly drafted to not include or restrict retail customer access to investments as relatively simple as a 2x or 3x index-based fund. These types of investment can help pass along economies of scale with respect to borrowing and therefore increase access to the markets for precisely the type of investors increased regulation would hinder, with far less risk than 'simple' but highly volatile stocks or funds.
I am 42 years old and I am fully capable of making my own decisions and what is best for me. I do not need big brother telling me what I can and can not buy as an investment. this is govt overreach. I suggest you leave it alone and let me handle my business the way I see fit.
I oppose regulatory restrictions that will limit my freedom to buy and sell cryptocurrency funds. I currently own several of these investments and I feel completely capable of learning on my own what I need to know in order to transact without significant risks or harm. I support the expansion of cryptocurrency funds, including ETFs. I do not support increased limitations and "guardrails."
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.
This is not fair for only rich ppl can invest leverage etfs