John Carlson Comment On Regulatory Notice 22-08
I use and fully understand the risks of ETFs which short the market. I need these to protect my principal in down markets.
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 use and fully understand the risks of ETFs which short the market. I need these to protect my principal in down markets.
Please stop prohibiting our only way to involve into future markets
I would like to keep my ability to use leveraged funds.
I have been investing for 12 years on my own. Throughout this time I have had to deal with various incidents of government officials trying to "protect me" by restricting what I can and can not trade on the markets. Well guess what IT IS NONE OF YOUR BUSINESS WHAT I DO WITH MY MONEY! Restricting complex products is quite frankly not your job. If I want to buy them it is my choice. If I lose money then so be it. These may or may not fit into my investing strategy but it is my right to make this choice.
Please all of these products were approved by you all. What people do not understand should not penalize those that do!
We people have the right to invest!
Leveraged and inverse funds are important for the public. Please do not add excessive regulatory burdens to these investment opportunities.
As an Investor on TDAmeritrade I was approved an account to invest. My expectation, as a customer, is that my brokerage provide me all the tools that any investor would have access to and NOT based on my WEALTH!!! By limiting investment vehicles to users based on how much money they have is wrong and is only used to keep people from getting ahead. Saying you are protecting me from loss is [REDACTED]. You're not my parent or my money manager you're just preventing me from gaining income like the privileged wealthy. TDAmeritrade provides me with the prospectus that explains the risks.
This is unconstitutional to try and take the rights away from everyday citizens to invest in inverse and leveraged ETFs.
You might not understand, but I do. You do not have the right to impose your ideas and restrictions on my freedom of choice. Period