To whom it may concern,
Please reconsider placing any restrictions on investing in leveraged and inverse funds. These funds are an important part of my investing strategy, and in particular I have been able to take advantage of pricing swings in a way I wouldn't have were these funds restricted to me, resulting in gains I'd otherwise have forfeited (not to mention the benefits to the US of the taxes I've paid to the IRS as a result of those gains). Investing always involves risk, and I strongly believe it is incumbent on every individual to understand those risks for themselves. It's not that I don't believe in regulation...I actually appreciate the efforts of regulators to prevent fraud. But placing constraints such as net worth requirements discriminate against people of lesser means, and constraints such as cooling off periods diminish the ability to be nimble and responsive. Thank you for your time.
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
Bob Dixon Comment On Regulatory Notice 22-08
To whom it may concern,
Please reconsider placing any restrictions on investing in leveraged and inverse funds. These funds are an important part of my investing strategy, and in particular I have been able to take advantage of pricing swings in a way I wouldn't have were these funds restricted to me, resulting in gains I'd otherwise have forfeited (not to mention the benefits to the US of the taxes I've paid to the IRS as a result of those gains). Investing always involves risk, and I strongly believe it is incumbent on every individual to understand those risks for themselves. It's not that I don't believe in regulation...I actually appreciate the efforts of regulators to prevent fraud. But placing constraints such as net worth requirements discriminate against people of lesser means, and constraints such as cooling off periods diminish the ability to be nimble and responsive. Thank you for your time.