I am disturbed and appalled to hear that FINRA is planning to prohibit my ability to invest in leveraged and inverse funds. I adamantly oppose to any regulator deciding how I should invest! I am angered by this arrogant and tyrannical effort to restrict how a consumer should invest his/her money. This is a clear and coordinated attack on the retail consumer to place the wealthy at a clear advantage. I have been investing in many types vehicles for over 30 years and clearly have the ability to research and understand how they work. I certainly do not need measures imposed on me by fascist regulators. I will exercise my rights to opposition of this matter .
It is very important that you express your views in your own
wordsyour comments are more likely to be taken seriously
by FINRA if they reflect your own experience and perspective.
Not only do you have the right to share your views,
but the regulators are required to take your comments into
consideration in deciding whether to move forward.
Thank you for taking action.
LIST OF INVESTMENTS THAT MAY BE AT RISK:
Target Date Funds
Non-Traditional Index Funds (Smart Beta + ESG)
Emerging Market Funds
High Yield Bond Funds
Closed-end Funds
Commodity Funds
Cryptocurrency Funds
Unconstrained Bond Funds
Floating-rate/Leveraged Loan Funds
Leveraged/Inverse Products
Interval Funds
Global Real Estate Funds
ETNs
Variable Annuities
Defined Outcome ETFs
Volatility-Linked Funds
Currency Funds
Funds using cryptocurrency futures
Non-traded REITs
Business Development Companies
Opportunistic and Tactical, Multi-Strategy Funds
Funds using derivatives for hedging or leverage
Principal Protected Notes
Structured Notes
Asset-Backed Securities
Funds Selling Short
Start-up Company (IPO) Funds
Funds Investing in Unlisted Securities
Distressed Debt Funds
Absolute Return Funds
Finds of Hedge Funds
Reverse Convertible Notes
Market-linked CDs
Range Accrual Notes
Insurance-Linked Securities
Privacy Statement
To review FINRAs notice, visit https://www.finra.org/rules-guidance/notices/22-08.
You 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. Explain that you are
capable of understanding leveraged and inverse funds
and their risks. Tell regulators you do not
need these measures imposed on you.
Other reasons you think these restrictions on your
right to invest should not be put in place.
SUBMIT A PUBLIC COMMENT
Leveraged and inverse funds are important to your
investment strategies. Consider explaining ways you use
leverage and inverse funds, including that they help you
protect (hedge) your investments or seek enhanced returns,
and if you use them as a limited part of your overall portfolio.
For the Public
FINRA DATA
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
FINPRO
Registered representatives can fulfill Continuing Education requirements, view their industry CRD record and perform other compliance tasks.
For Member Firms
FINRA GATEWAY
Firm compliance professionals can access filings and requests, run reports and submit support tickets.
For Case Participants
DR PORTAL
Arbitration and mediation case participants and FINRA neutrals can view case information and submit documents through this Dispute Resolution Portal.
Need Help? | Check System Status
Log In to other FINRA systems
Alfred Reyes Comment On Regulatory Notice 22-08
I am disturbed and appalled to hear that FINRA is planning to prohibit my ability to invest in leveraged and inverse funds. I adamantly oppose to any regulator deciding how I should invest! I am angered by this arrogant and tyrannical effort to restrict how a consumer should invest his/her money. This is a clear and coordinated attack on the retail consumer to place the wealthy at a clear advantage. I have been investing in many types vehicles for over 30 years and clearly have the ability to research and understand how they work. I certainly do not need measures imposed on me by fascist regulators. I will exercise my rights to opposition of this matter .
It is very important that you express your views in your own
wordsyour comments are more likely to be taken seriously
by FINRA if they reflect your own experience and perspective.
Not only do you have the right to share your views,
but the regulators are required to take your comments into
consideration in deciding whether to move forward.
Thank you for taking action.
LIST OF INVESTMENTS THAT MAY BE AT RISK:
Target Date Funds
Non-Traditional Index Funds (Smart Beta + ESG)
Emerging Market Funds
High Yield Bond Funds
Closed-end Funds
Commodity Funds
Cryptocurrency Funds
Unconstrained Bond Funds
Floating-rate/Leveraged Loan Funds
Leveraged/Inverse Products
Interval Funds
Global Real Estate Funds
ETNs
Variable Annuities
Defined Outcome ETFs
Volatility-Linked Funds
Currency Funds
Funds using cryptocurrency futures
Non-traded REITs
Business Development Companies
Opportunistic and Tactical, Multi-Strategy Funds
Funds using derivatives for hedging or leverage
Principal Protected Notes
Structured Notes
Asset-Backed Securities
Funds Selling Short
Start-up Company (IPO) Funds
Funds Investing in Unlisted Securities
Distressed Debt Funds
Absolute Return Funds
Finds of Hedge Funds
Reverse Convertible Notes
Market-linked CDs
Range Accrual Notes
Insurance-Linked Securities
Privacy Statement
To review FINRAs notice, visit https://www.finra.org/rules-guidance/notices/22-08.
You 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. Explain that you are
capable of understanding leveraged and inverse funds
and their risks. Tell regulators you do not
need these measures imposed on you.
Other reasons you think these restrictions on your
right to invest should not be put in place.
SUBMIT A PUBLIC COMMENT
Leveraged and inverse funds are important to your
investment strategies. Consider explaining ways you use
leverage and inverse funds, including that they help you
protect (hedge) your investments or seek enhanced returns,
and if you use them as a limited part of your overall portfolio.