FINRA,
Its incumbent upon any investor who so chooses to invest in public securities, to first conduct their own due diligence by researching and becoming informed concerning the potential gains/losses that may be incurred. Therefore I do not feel it is necessary for additional regulations that would curtail, impede or prevent the publics access to their investing pursuits. Understanding the
Per your consideration of limiting my investment options, I believe this would be an infringement on the publics right of self determination. I have been involved in closely in investment markets for approaching 45 years, studying and actively participating. I find that I am frequently more informed and a better manager than even many professionals. LIMITING the investment vehicles I have at
I am more than capable of choosing the publicly traded investment that are appropriate for me.
There is an abundance of easily available information on markets and the economy via the internet so that any reasonable adult can make adequate decisions on publicly traded investment funds, including leveraged ETF's.
Investing in ETF's, including leveraged funds is no riskier (and in
SUGGESTED ROUTING
Senior ManagementLegal & ComplianceOperationsSystems
Executive Summary
The NASD urges members to take immediate action to ensure the accuracy and completeness of trading data submitted through the NASD's electronic blue sheet system in response to regulatory inquiries. The NASD has become concerned that the quality of submissions by members is not at
United States citizens are the creators and the product of the democratic systems they make. That's a high responsibility, and one which many American are ill-equipped to make. That doesn't mean they ought to lose it. Likewise in finance, regulators ought to take reasonable action to protect Americans, but Americans are ultimately individually responsible to themselves, their
I oppose restrictions to investing in leveraged ETF's for individual investors. WE all get the information regarding risks to investing in these funds and as such should be permitted to buy, sell and hold these as we see fit based on our personal financial goals and needs. It is not democratically fair to restrict these funds to large investment firms, which would force individual
I'm writing to express my opposition to restrictions inhibiting my ability to invest in public investments.
I'm an informed and experienced investor. I have gaind my knowledge through study and experience in the markets. I understand leveraged and inverse funds and the though of restrictions and the possibility of having to navigate a special process (test taking) is
Please DO NOT remove any of my current investment options, including leveraged ETFs. Many consumers are preeminently qualified to understand and consider all types of investments. Currently there are safeguards in place to make sure people are able to make decisions about certain types of investments. In my case I am Series 6, 7, 63, and 65 licensed and fully understand the risks of leveraged
I strongly oppose this measure. People must have the right to freely trade investment products at their own risk and based on their own research. If an individual decides to blindly accept a financial institution/advisor's trading recommendations then that individual could lose significant amounts of money regardless of whether or not leveraged or inverse exchange-traded products are
Request for Exemption from the Provisions of NASD Conduct Rule 2710
