Amine Fehmi Comment On Regulatory Notice 22-08
Regulators are expected to take into consideration interest of the public. I certainly believe proposed amendment of inverse funds wouldn't serve the interest of investors.
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Regulators are expected to take into consideration interest of the public. I certainly believe proposed amendment of inverse funds wouldn't serve the interest of investors.
I oppose restrictions on my right to invest and trade in public investments such as leveraged and inverse funds. I would like to continue to use these vehicles to generate profits as well use them for hedging my open positions. Thank you.
This regulation will only hurt the little guy. I have been researching TQQQ for years. And now that I finally understand it and have been invested, you want to take it away. I am not stupid. [REDACTED]. You guys are living high as elites and want to screw the little guy.
I am a high net worth individual. I use the inverse bear index's across a number of categories to hedge my portfolio during periods of uncertainty without using complex option strategies - I have found options to be far more susceptible to losses than reverse indexs. Using options as a hedge involves two variables - the strategy and timing both need to be right. Reverse Indexs remove the need to manage the timing but provide the same optionality. I find the reverse ETF's to be an incredibly valuable tool, and I would prefer my access and ability to trade them remain unfettered.
As an experienced investor and trader I strongly oppose any regulations restricting my ability to freely choose my investing / trading instruments, which include leveraged and inverse funds and etfs, which I use frequently as in important component of my overall investing strategy. I should not have to go through some special process like passing a test before I'm given "permission" to invest in these funds. I am in charge of my investing, NOT regulators.
I have the right to choose what is for me!
As a small retail investor, I think it is outrageous that FINRA should arbitrarily decide what retail investors can invest it by restricting access to inverse and leveraged funds to only high net worth individuals, and impose others barriers like 'cooling off periods' and getting special permission from brokers. Such rules and restrictions are elitist, unfair, and paternalistic. Please listen to small investors and do not go forward with this!
The proposed regulations by FINRA would be have extremally detrimental effects on liquidity of trading of Inverse and leveraged ETFs. As any investor leveraged ETF knows, these are trading instruments, and provide easy access for individuals to take advantage of Market volatility, much more so than options or futures. Inverse ETFs are very useful in hedging long equity positions, providing portfolio stability when major Wall St. firms are actively manipulating Markets.
Hello FINRA, I regularly trade leveraged products. I would like to continue doing so, however, I do think that some of these products should go away. In particular 3X inverse products. Not because I want stocks to go up, but these products decay rapidly when implied volatility increases, which happens when the market goes down, so they can never meet their investment objectives. An easy example of this is SPXS during the COVID crash. When markets were down 25%, SPXS was actually lower than when markets were at all time highs. You can validate this statement on your own.
Please stop this. Investors need the right to these options.