These proposed regulations are outrageous. In a time when markets are posed to melt down, what other hedge does the average investor have but leveraged and inverse funds? These funds are not difficult to understand, certainly no more difficult than the average vastly overvalued equity or byzantine mutual fund.
This seems like a way of preventing normal investors from protecting ourselves in tumultuous times, not a way of protecting normal investors.
The US financial system -- including the dollar itself -- is losing all credibility for various reasons, and an action like this does nothing to bolster credibility. Freedom to invest one's own money as one sees fit is a critical component of monetary validity.
Please do not further deteriorate the legitimacy of US finance by adding this unnecessary and unfair regulation.
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
Charles Linart Comment On Regulatory Notice 22-08
These proposed regulations are outrageous. In a time when markets are posed to melt down, what other hedge does the average investor have but leveraged and inverse funds? These funds are not difficult to understand, certainly no more difficult than the average vastly overvalued equity or byzantine mutual fund.
This seems like a way of preventing normal investors from protecting ourselves in tumultuous times, not a way of protecting normal investors.
The US financial system -- including the dollar itself -- is losing all credibility for various reasons, and an action like this does nothing to bolster credibility. Freedom to invest one's own money as one sees fit is a critical component of monetary validity.
Please do not further deteriorate the legitimacy of US finance by adding this unnecessary and unfair regulation.