(a) When Held
The hearing shall be held not later than 15 days after service of the notice and filing initiating the proceeding, unless otherwise extended by the Chief Hearing Officer or Deputy Chief Hearing Officer for good cause shown. If a Hearing Officer or Hearing Panelist is recused or disqualified, the hearing shall be held not later than five days after a replacement Hearing Officer or
Please keep "complex" investment vehicles open to all of the public, not just to those with the most money to spend. Requiring tests and other hoops to jump through are not necessary. In this market, inverse ETFs are very important to prevent losses from holding standard equities. Inverse funds are essential to all in the difficult market conditions we find ourselves in now.
I 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. I have a degree from Harvard and don't need to pass a test to invest in public securities. I utilize leveraged and inverse funds as an important yet carefully managed and small part of my portfolio.
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
capable of understanding leveraged and inverse funds
and their risks. I do not
need these measures imposed on me. Also, Leveraged and inverse funds are important to your
investment strategies.
Dear Sir,
I do not want my rights to invest impeded or impinged upon by this legislation. I do not want to suffer through cooling off periods where I can not invest or arbitrary finance or investment limits placed on my investment habits nor forced education and testing standards placed on me as the investor.
Thank you,
R Beliles
Investors should be able to choose what public investments are right for them and investors should not be unreasonably restricted by various tests and hurdles before investing . There should however be warnings messages in plain language for certain funds that have high risk. Warnings, however, should not be road blocks. I do invest in inverse and leveraged funds and understand their risks.
This is poorly conceived. I should be the sole determiner of what I invest my funds in. There is NO LEGITIMATE REASON to regulate my ability to invest in whatever legal assets I choose. I do not need to pass a test, get 3rd party approval or regulatory approval to decide what to invest my own funds in.
Hands off my investment decisions!!!
I like to invest in leveraged funds. They add a great advantage to my investment objectives. I dont want regulators restricting my access to them as I understand the financial markets and I dont want to take tests to gain access to them. I have been using leveraged funds for ten years now and they have been an important part of my portfolio.
We should have the right to invest in whatever asset we choose without these type of restrictions by FINRA. Also why do I need to take a test to be able to invest? I understand the risks and have done my due diligence. Leverage and inverse funds should be treated like any other asset or fund. These potential restrictions are not logical.
This is not a case in which investors need to be protected by the government or regulators. Leveraged funds are important in these times of low interest rates to generate income for those who wish it. This is actually the safer alternative in many cases. Requiring a "test" in order to purchase certain securities is unnecessary, difficult to implement, and costly to monitor. A
