David Teague Comment On Regulatory Notice 22-08
I dont agree with FlNRA stopping me buy funds .
For the Public
FINRA Data provides non-commercial use of data, specifically the ability to save data views and create and manage a Bond Watchlist.
For Industry Professionals
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
I dont agree with FlNRA stopping me buy funds .
Hello. The opportunity to use leveraged funds is essential to me as an average investor who is not ready to play the options market. Nor do I have time to manage options. All investments have risks and, if managed correctly, can provide returns over the proper time horizons. Please dont take the opportunity for average investors to leverage their funds right after the most historic bull market in recent history. The timing is awful and could be construed as market manipulation in favor of the market makers.
I strenuously object to the proposed rule change restricting investment in LEVERAGED AND INVERSE FUNDS to only high net worth individuals. This is a decision to be made by the investor, not a bureaucracy,
Please dont block common people from investing.
Don't tell me what to do with my money. I'll invest how I see fit. I will also vote how I see fit. Don't overreach and lead us to unintended negative consequences like concentration-risk in indexed products.
I regularly use inverse funds as protection in a down market. Regulators have no business telling me what I can and can not do regarding my investments!
These are no different than purchasing put options.
I already have a special agreement that must be signed before trading these instruments.
Please allow the public to make their choice when it comes to investing. We shouldn't have to go through a special process. Leveraged and inverse funds are popular in many portfolios, and more regulation is unnecessary.
it is important to protect my investments to use leveraged funds.
These funds offer an exceptional opportunity for an average guy like myself. Do casino regulators come in and close down table games to every day guys, no they offer assistance for those who are out of control. Taking away opportunities is never a good choice.
Stop with the nanny state.