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. 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.
I should be able to invest in any public company I choose. I certainly dont want the government telling me what I can invest in, or have to be tested to see if my understanding of leveraged and inverse funds. It is imperative to hedge your investments so when the market crashes again I wont be totally broke.
I am aware of the risks involved in leveraged and inverse funds. I use them to hedge my portfolio, not as my primary investment vehicle. I do not think I should need to take a test, or have a certain amount of assets to invest in these funds. The funds should be available to all investors. Existing disclosures are sufficient.
This is not right. I 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. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds.
1. I do not want Government Regulators telling me what to do in deciding my or my family's investments.
2. Why should I pass a test to invest, I am not brokering securities!
3. Leveraged and Inverse Funds are part of my Investment Strategies!
4. What FINRA is proposing is what I would expect from a Communist Government!
Dear Sir or Madam
I have responsibly used leveraged and inverse funds for > 5 years. I know exactly what they are and how they function. I strongly resist having to go through any special process, test, special limitations or any restrictions on my ability to purchase, sell short or otherwise trade these securities.
Government and industry regulators should have no authority to prevent or restrict individual investors from investing in securities that are perfectly legal, regardless of an investor's personal understanding of such products. Informing investors is a great thing, but regulators have no right to require investors to undergo any kind of prerequisite educating or testing prior to trading
The Trusted Contact Persons section of the 2022 Report on FINRA’s Risk Monitoring and Examination Activities (the Report) informs member firms’ compliance programs by providing annual insights from FINRA’s ongoing regulatory operations, including (1) relevant regulatory obligations and related considerations, (2) exam findings and effective practices, and (3) additional resources.
Public investments should be available to all of the public not just the privileged. You shouldn't have to go through any special process like passing a test before you can invest in public securities. Everyone knows there is a risk with investments. We don't need these measures imposed on us. Please realize people need to do what is best for them without laws imposing upon our rights.
I oppose the regulation to disallow trading in leveraged and inverse funds in a brokerage account. I do not have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I understand the risk associated with those investments and I willing to take those risks.
