Brian Starsman Comment On Regulatory Notice 22-08
The right of access to all ETFs is a human right!
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 right of access to all ETFs is a human right!
Comments: The idea that leveraged products are more complex than the operations of other fund types seems absurd. Investments of any sort require an understanding of the operations of the fund and this is in no way limited to leveraged and inverse products.
Dont take our choices away!
I oppose any restrictions
Do not restrict my choice of investmet of the leveraged and inverse funds! These funds are extremely important to my invest strategy! These restrictions are just not fair to an ordinary investor like me!
These products have helped me pull in my retirement horizon by MORE THAN A DECADE! In fact, I have further built an entire business based on utilizing LEFT's and Inverse Funds, with the intention of this being a MAIN income stream at some point. I would be financially devastated if there were restrictions imposed - such as a proposed "cooling off" period. The products are not complex and the risks are not "hidden" in any way. I would argue these products are more transparent and clear to understand than traditional Mutual Funds - as often those are merely Funds of Funds.
Keep your hands off the tools we use to invest ARE MONEY!
I understand that the FINRA is proposing a rule that would affect how I invest in securities. I opposed to any rules that would limit what I invest in. It's none of their business. Today we are experiencing increasing interventions of regulators in our daily lives and I'm extremely opposed to any interventions or rules about how I live my daily life!
Dear Regulators,
To an ordinary investor like myself, one of the biggest advantages in investing this market is the freedom to invest whatever I see as opportunities, and versatility of products I can choose from to realize my investment strategy despite my budget and net worth. I personally believe restrictions you are planning to enforce on ordinary investors will greatly damage this freedom, and making US market much less attractive. If you truly believe freedom, you would know what is the right thing to do.