Proposed Rule Change Relating to the Submission of “Clearing-Only, Non-Regulatory Reports” to the FINRA Equity Trade Reporting Facilities
I have the right to make MY OWN DECISIONS on ANY investment, including use of leveraged or inverse funds to help grow or protect investments.
We DONT need more regulations. Instead, we need better financial education and the schools at all grades fail to address this.
I don't need or want any additional regulation from the government on investing. Your efforts to "protect me or other investors" from the financial industry is a waste of time and money. It only results in the erosion of return on my investments because the cost of regulatory compliance is so much.
I am a veteran who proudly served my country and to be told that I have to be accredited to participate in certain assets is un American. Retail investors should be able to have access to opportunities to help improve their financial well being. Level playing field. God bless America!!!!
I need to be able to choose the investments that are right for my financial situation.
Some of my investments are hedges to help protect my positions from unexpected losses.
I do not need more regulations to "protect me" as I feel I do my own adequate research and due diligence.
Revised Policy for Disseminating Reports of Fewer Than 100 Shares; Effective Date: April 21, 2008
Leveraged and inverse ETFs are some of the safest and easiest ways for small investors to access those types of products. It's the safest way to get extra exposure to equities and/or short equities for an individual investor. Maintaining access to these products is vital to individual investors' access to the financial markets.
SUGGESTED ROUTING
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Executive Summary
On March 21, 1994, the Securities and Exchange Commission (SEC) approved amendments that provide guidelines for communications with the public about variable life insurance and variable annuities (Guidelines). The Guidelines govern the preparation of, and communication with the public
Hi, This makes no sense! High risk assets also have high reward potential! They have a place in the portfolio regardless of net worth! Don’t skew the field against the poor in disguise of protecting the dumb! If you want to screen dumb then have a financial savviness test !
FINRA - RE Proposed Rule #22-08, kindly kill it. As a ProShares EFT investor, let the free market work without the over-regulation like what you are proposing. It is obviously driven by the "Woke Crowd" and has no place in America's financial markets.
James Ferguson
Long Time Investor
