William Reeves Comment On Regulatory Notice 22-08
Quite trying to regulate everything. There is sufficient information available to potential investors to assess the risk and make and informed decision regarding investing in these funds.
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.
Quite trying to regulate everything. There is sufficient information available to potential investors to assess the risk and make and informed decision regarding investing in these funds.
Public investments should be available to everyone, not just hedge funds. Ending support for leveraged funds in the middle of a bear run will only allow the elite to buy them for discounted prices. This move will only increase wealth inequality and will make responding to a market crash much harder for everyday people. Options and callable funds are considered safe for some investors. Why can't leveraged funds, which never go to 0?
I want to be able to trade whatever I want.
I can make up my own mind
Each person should be able to choose the public investments and risks that are right for him and his family. Public investments should be available to all of the public, not just the privileged.
Inverse funds are key to my ability to invest appropriately in the market given the different market conditions. Do not limit our ability to invest in inverse or leveraged funds. This is very important.
There is risk no matter what you buy in open markets. It is the investors responsibility to know his or her risks, not any governing board or government agency.
Instead of helping this would hurt small investors
Why is the SEC reducing public access to options the hedge funds use against individual investors. You are NOT protecting individuals with S7-24-15, you are hurting us.
Inverse funds are an important tool for hedging my portfolio in a cost-effective way. These investments lower my overall portfolio risk.