Donna Khan Comment On Regulatory Notice 22-08
No regulations
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.
No regulations
There is no reason to outlaw these products further, elimination is not helpful. People should have the ability to trade these products if the marketplace can provide them in a product structure that does what it says it will do. Perhaps warnings are needed, that's fine. But a repeal of already approved products makes no sense.
Can we get a tax deduction when the dollar looses value?!
Stop assuming were stupid
I OPPOSE RESTRICTIONS ON LEVERAGED AND INVERSE FUNDS.LEAVE WELL ENOUGH ALONE.
You should not be changing rules and who can invest just because something is complicated. The people are not requesting this change. Its my choice, to decide what I want to invest in and my personal responsibility to learn how to do it. We the people dont need to have the ability to do this investing of our own money on our own terms taken away.
To whom it may concern:
I am appalled that FINRA would attempt to place additional roadblocks and restrictions on leveraged and inverse Exchange Traded Funds. These are very valuable tools that have enabled me to make money in almost any environment for several years. The ability to hedge nearly any market without selling something short is a tremendous advantage. Leverage is a very useful tool when used in moderation.
I oppose more regulations on people. They should be able to invest anyplace they want.
As a daily active equity trader, I should be able to choose the public investments that are right for me and my family. I believe public investments should be available to all of the public, not just the privileged.
We have the personal/private right to invest our monies to help secure our financial security and defend our rights to do so. Thank you for your time.