Richard Anthony Comment On Regulatory Notice 22-08
IF I decide to dump all my USA Dollars over the side of a cliff
(actually IF I decide to make "poor investments") what right do you have to tell me its "against the Law.!!"
Signed Barney Baroot...
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.
IF I decide to dump all my USA Dollars over the side of a cliff
(actually IF I decide to make "poor investments") what right do you have to tell me its "against the Law.!!"
Signed Barney Baroot...
I oppose restrictions to my right to invest. We are capable of making our own investment decisions and have plenty of information to do so. If I chose to use leverage or inverse funds then I am better off for having access to these types of investments. Do not take this right away. Thank you.
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend FINRA Rule 6730 to: (i) require members to report electronically executed transactions in U.S. Treasury Securities to FINRA’s Trade Reporting and Compliance Engine (“TRACE”) in the finest increment captured by the system used to execute the transaction, subject to an exception for members with limited trading volume in U.S. Treasury Securities; and (ii) reduce the trade reporting timeframe for transactions in U.S.
Retail investors should have the same rights and abilities to create and maintain wealth as accredited investors. Retail investors should not have any additional burdens placed upon them to have access to products like leveraged or inverse funds.
Please no.
Regulating my abilities and rights to invest as I see fit is my decision not yours. These types of moves are what would be expected from Russia or China not the USA.
Should I deem an investment appropriate for my portfolio it should be available to me not just the financially privileged. Are you trying to expand the economic gap that already exists between the wealthy and the no-so wealthy?
I will also be contacting my elected representatives to let them know I believe you are overstepping your authority and considering stepping on my rights.
To whom it may concern,
I just received notice via an email that someone feels it may be necessary to hold my hand or to test my investing knowledge before I will be allowed to make certain investments with my own funds. I would like to make it clear that I am totally opposed to such a new regulation and do not appreciate even the thought of this possibility. I am free to gain or lose my investments at my discretion and do not need a babysitter to watch me. Leave us investors alone and mind your own business!
I feel very strongly that I be able to freely invest. It is important that I be able to invest in precious metals for example when inflation is going high. I oppose limitations on my ability to buy ProFunds.