This is not fair for private investors to hedge market volatility
I oppose further regulations on private individual investors.
Industry Governor (Large Firm Representative)Chief Operating Officer, Raymond James Financial Governor Since 2023Committees: Conflicts Committee (Chair), Executive Committee (Chair), Finance, Operations & Technology Committee (Chair), Regulatory Policy Committee (ex officio)Professional ExperienceRaymond James Financial Chief Operating Officer (2024 – present)President
Chairman Sarbanes, Senator Gramm, Members of the Committee, thank you for this opportunity to testify on the vital, troubling and timely issues of investor protection and accounting regulation revealed by the collapse of Enron.
The government should stay out of private financial decisions.
Dear FINRA regulators,
Private investors should have the right to choose to invest in funds that are a good fit for their investment objectives. It is unfair to eliminate the ability to invest in leveraged funds for the investing public, especially since many of these funds have a proven track record of protecting investment portfolios when used the right way.
If an investor chooses to be
Less US government involvement
in the private sector, including investments.
SUGGESTED ROUTING*
Senior ManagementCorporate FinanceSyndicateTrading
*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
The NASD Board of Governors has approved and filed with the Securities and Exchange Commission amendments to Schedule D of the By-Laws that increase the initial and continued inclusion criteria for securities traded in the
Some investors use foreign securities to diversify portfolios. Since overseas assets often don’t track their U.S. counterparts closely, a globally diversified portfolio might help reduce volatility. But currency risk could be present both in foreign investments and also other parts of your portfolio.
Please allow private investor the ability to invest in leveraged and inverse funds
