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. It is very important that you express your views in your own wordsyour comments are more likely to be taken seriously by FINRA if they reflect your own experience and perspective. Not only do you have the right to share your views, but the regulators are required to take your comments into consideration in deciding whether to move forward. Thank you for taking action. LIST OF INVESTMENTS THAT MAY BE AT RISK: Privacy Statement To review FINRAs notice, visit https://www.finra.org/rules-guidance/notices/22-08. You 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. Explain that you are capable of understanding leveraged and inverse funds and their risks. Tell regulators you do not need these measures imposed on you. Other reasons you think these restrictions on your right to invest should not be put in place. SUBMIT A PUBLIC COMMENT Leveraged and inverse funds are important to your investment strategies. Consider explaining ways you use leverage and inverse funds, including that they help you protect (hedge) your investments or seek enhanced returns, and if you use them as a limited part of your overall portfolio. Interval funds Global real estate funds Opportunistic, tactical, multi-strategy funds Funds using derivatives for hedging or leverage Funds using cryptocurrency futures Defined outcome funds Commodity funds Exchange-traded notes Principal protected notes Structured Notes Investment trusts investing in cryptocurrency Leveraged loan funds Currency funds Funds selling short Start-up company (IPO) funds Funds investing in unlisted securities Distressed debt funds Absolute return funds Funds of hedge funds Volatility-linked funds Non-traded REITs Business development companies Reverse convertible notes Closed-end funds Market-linked CDs Leveraged and Inverse Funds Variable annuities Asset-backed securities Target date funds High yield bond funds Non-traditional index funds: Smart Beta; Quant; Custom Index; ESG Floating-rate loan funds Range accrual notes Emerging market funds Unconstrained bond funds Insurance-linked securities
Sam Bertolino Comment On Regulatory Notice 22-08
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. It is very important that you express your views in your own wordsyour comments are more likely to be taken seriously by FINRA if they reflect your own experience and perspective. Not only do you have the right to share your views, but the regulators are required to take your comments into consideration in deciding whether to move forward. Thank you for taking action. LIST OF INVESTMENTS THAT MAY BE AT RISK: Privacy Statement To review FINRAs notice, visit https://www.finra.org/rules-guidance/notices/22-08. You 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. Explain that you are capable of understanding leveraged and inverse funds and their risks. Tell regulators you do not need these measures imposed on you. Other reasons you think these restrictions on your right to invest should not be put in place. SUBMIT A PUBLIC COMMENT Leveraged and inverse funds are important to your investment strategies. Consider explaining ways you use leverage and inverse funds, including that they help you protect (hedge) your investments or seek enhanced returns, and if you use them as a limited part of your overall portfolio. Interval funds Global real estate funds Opportunistic, tactical, multi-strategy funds Funds using derivatives for hedging or leverage Funds using cryptocurrency futures Defined outcome funds Commodity funds Exchange-traded notes Principal protected notes Structured Notes Investment trusts investing in cryptocurrency Leveraged loan funds Currency funds Funds selling short Start-up company (IPO) funds Funds investing in unlisted securities Distressed debt funds Absolute return funds Funds of hedge funds Volatility-linked funds Non-traded REITs Business development companies Reverse convertible notes Closed-end funds Market-linked CDs Leveraged and Inverse Funds Variable annuities Asset-backed securities Target date funds High yield bond funds Non-traditional index funds: Smart Beta; Quant; Custom Index; ESG Floating-rate loan funds Range accrual notes Emerging market funds Unconstrained bond funds Insurance-linked securities