Jere Laudenslager Comment On Regulatory Notice 22-08
Jere Laudenslager
N/A
I'm 62 years old and I made my first stock purchase in 1978. I completely understand the risks associated with buying and selling listed securities, including inverse and leveraged funds. If those securities are reserved only for a select group of investors, the professionals and very wealthy have an even greater advantage in the public markets. It is especially important to have inverse and leveraged funds during bear markets. The diversification of these funds removes the risk of shorting individual securities or speculating in calls and puts. Sitting on cash or buying bonds is not riskless either. There are always going to be people who will risk more than they can afford to lose or speculate rather than invest. It is not the role of regulators to protect those people for themselves.
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
Jere Laudenslager Comment On Regulatory Notice 22-08
I'm 62 years old and I made my first stock purchase in 1978. I completely understand the risks associated with buying and selling listed securities, including inverse and leveraged funds. If those securities are reserved only for a select group of investors, the professionals and very wealthy have an even greater advantage in the public markets. It is especially important to have inverse and leveraged funds during bear markets. The diversification of these funds removes the risk of shorting individual securities or speculating in calls and puts. Sitting on cash or buying bonds is not riskless either. There are always going to be people who will risk more than they can afford to lose or speculate rather than invest. It is not the role of regulators to protect those people for themselves.