Russell Thiele Comment On Regulatory Notice 22-08
More regulations are a burden on an experienced investor like me. I have used leveraged funds since inception. Please do not try to limit my portfolio returns.
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.
More regulations are a burden on an experienced investor like me. I have used leveraged funds since inception. Please do not try to limit my portfolio returns.
To whom it may concern,
The ability to freely trade with inverse and leveraged ETFs allows me to maintain an active trading portfolio without relying on the volatility of individual stocks. Therefore, if you remove the right of U.S. Citizens to invest in the funds they deem appropriate, they may be left to invest in ways that a bureaucracy feels is safe, but that is not really that safe.
Message to regulators; As an investor, I am totally opposed to restricting my rights to invest or make public investments. Also, as an investor, no one decides more than me which public investmens are suitable for my financial goals. Public investmens must also available to the public and not only to the privileged. In addition, as an investor, I do not have to go through a special process, such as passing a tes before being able to invest in public securities, as an investor an based on my investment strategies, I know the risk involved.
I should be able to spend, invest and allocate my own capital as I see fit without any interference from an outside regulatory authority. All investments are risky in nature and it is my responsibility to conduct my own research on each investment. There is enough information and regulations in place to protect me as investor to allow me to make an inform decision based on the public information given and my understanding of that information. Thats the inherent risk I take when investing.
Don't restrict peoples opportunities to lessen government dependence. Allow risks to be taken. Require honesty.
Keep your tax grabbing hands off the hard work of the people! Were sick to death of your theft
Restricting access for regular investors to purchase leveraged funds would only further favor the already wealthy and privileged.
Assuming that we are too stupid to understand the pro's and con's of these investments is insulting.
We should be able to choose the investments that are right for us. Being a free country, public investments should be available to all the public, not just the privileged. It is the liquidity of public investments and various investment products that keep the money flow and grow in the striving market.
We 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.
As a stay-at-home mom, I use certain leveraged funds (like UPRO and TQQQ) to enhance my portfolio and contribute to the financial needs of my family, all while being able to spend time with and raise my children. These are only a portion of our overall portfolio. I have done the research and feel that I am capable of making all the investment decisions for my family and should not be subjected to further tests or restrictions. Also, to limit these investments to certain people or groups is wrong. They are public investments and should be available to ALL THE PUBLIC.
I am against it the government under Biden are w
Ring and should be in jail