(a) Definition of Bond Mutual Fund Volatility Ratings
For purposes of this Rule and any interpretation thereof, the term "bond mutual fund volatility rating" is a description issued by an independent third party relating to the sensitivity of the net asset value of a portfolio of an open-end management investment company that invests in debt securities to changes in market
TO: All NASD Members and Other Interested Persons
Attention: Direct Participation Program Department
The Association is requesting comments on a proposed amendment to Appendix F to Article III, Section 34 of the Rules of Fair Practice ("Appendix F"). Appendix F relates primarily to public offerings of direct participation programs, most of which are limited partnerships. The amendment
8:00 a.m. – 12:30 p.m.
Registration
8:00 a.m. – 9:00 a.m.
Networking Breakfast
9:00 a.m. – 9:05 a.m.
Welcome and Opening Remarks
9:05 a.m. – 9:45 a.m.
Fireside Chat With FINRA President and CEO Robert Cook and Senior Vice President of Member Relations and Education Chip Jones
9:45 a.m. – 9:55 a.m.
Networking Break
9:55 a.m. – 10:40 a.m.
Attention FINRA. I have been licensed in the business for more than a decade. I saw the collapse of the financial markets first-hand in 2007 to 2009 and none of it was due to retail investors breaking laws or taking risks. It was the institutions.
To restrict or prohibit an inverse ETF strategy is literally taking away the working class's means to invest in derivatives, which is an
I not you regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. This is how people make their dreams come true. This is yet another infringement on people's freedom of choice and ability to pursue their passions I shouldn't have to go through any special process like passing
I don't feel the government should be putting restrictions on my right to invest in common public investments. I understand that all investments have some inherit risk and the leveraged funds can be much more risky. I should not have to take a test or prove my net worth in order to be able to take part in these public funds. All of these funds release a prospectus that help investors
As a retail investor, I do not wish to see so-called Complex Products subject to additional regulation. Every major trading platform provides lengthy disclosures about these products. All investors using these products already have the tools necessary to understand them and become familiar with the risks if they so choose. Further restricting access to these products by ordinary investors
In re FINRA Regulatory Notice #22-08:
I strongly disagree with any restrictions being put into place that would not allow myself and my household from being able to invest into leveraged funds. Investing in leveraged and inverse funds are taken after careful consideration and are used as a valuable investing tool. I should not be burdened with undertaking any additional special processes before
I urge you to reconsider any attempt to limit the available investment choices to the citizens of this country. We work hard for our money and have the right to invest in the assets of our choosing in order to grow and preserve our wealth.
Leveraged and inverse funds are especially helpful because they allow investors to limit their risk in declining markets. With an inverse fund, you can
I, not regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged elites.
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 fully capable of understanding
