Richard Rhodes Comment On Regulatory Notice 22-08
Too much government
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.
Too much government
To whom it may concern,
I, as an individual investor, should be able to choose the investment vehicles that I deem appropriate for my needs. I am not a child that needs to be coddled. I am perfectly capable of understanding and accepting the risks that I am undertaking when using leveraged and inverse funds. Excess regulations or processes that inhibit my ability to invest as I see fit cause an extra burden on me and waste my time.
I know what I am doing and should not lose my ability to invest.
inverse trading is important for traders and the econbomy.
I manage my IRA in a Schwab account and without the ability to short utilize inverse ETF's to help hedge in this bearish environment. I have been trading for a number of years and am aware of the risk of leveraged ETF's and stick with single leverage products.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on you.