SUGGESTED ROUTING*
Senior Management
Corporate Finance
Legal & Compliance
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
NASD members are advised that on January 13, 1989, the Securities and Exchange Commission (SEC) approved an
It is very important that every American has the right to invest in what ever investment strategy they want and changing that leads to a total government take over on our rights as Americans to do with what we see fit to do with our money. This law doesnt serve the free world but it serves the government and its special interests and this leads to a socialist government and has no right in
To whom it may concern,
I'm writing to express my dismay at the consideration of this proposal. Attempting to restrict the ability of the average American to access specific investment classes is overly-restrictive and represents a fundamental distrust of the intelligence of the people. Those that are willing to pursue an opportunity should only be limited by their own abilities, and
Please do not make it difficult or prevent me from investing in public securities, like leveraged or inverse funds. I am capable of understanding these funds and the associated risks on my own and do not want more regulations. Please review all existing regulations for opportunities to eliminate regulations that do not serve the public interest and contribute to waste in business, government and
The public should be allowed to freely choose their investments. There should be no tests, no regulation by the government. For heavens sake, the government as it exists is based on lies and special interest groups. We the people do not want you to control our investment decisions or require regulatory qualification to be in the world of finance. These regulations just serve to make investing
As a research-active Associate Professor of Finance with several publications on ETFs, this is an absolute travesty. There is no substantial evidence in the reduced public welfare due to access to the leveraged vehicles given sufficient and pervasive disclosure of their risks. This is an example of a regulatory overreach harming retail investors and benefitting entrenched industry interests and
The ability to use leveraged funds allows investors to reduce risk and achieve decent growth results. If I use 33% of my portfolio to purchase a 3X fund and leave the rest in CD's or an interest bearing account, total money grows at 1X the market and provides a safety net to 67% of the rest of the portfolio if the market tanks. It is for this reason I support the use of leveraged funds to
Now that we stand a chance to make our money back, you want to take this avenue away. Same old wall street, just a different day. You have propped this market up with QE and ficticious low interest to let companies buy back shares and increase earnings. Leave it alone. We've come this far without you! No thanks!
It is not the role of regulators to allow what investors can or should invest in. Regulators should however look at conflicts of interest, such as congressmen and women trading individual stocks. Dont limit the options of everyday investors who are already at a disadvantage. Regulate the advantaged (make hedge funds report more information, ban individual stock trades for congress, etc.) and
As an experienced and knowledgeable individual investor, I strongly oppose any restrictions for the adult investors to invest in public investments including but not limited to stock options, leverage and inverse fund. The adult investors themselves instead of FINRA or another people shall select and decide the type of the public investments to the best of their interest and investment goals.
