I was alarmed to hear regulations are being considered by FINRA, which would severely restrict my being able to buy leveraged or inverse funds to invest for my family! The wonderful thing about Inverse or Leveraged Funds is that I can capture the same returns with 1/3 less Capital outlay A typical real life example for me would be if I... When I Invest 10,000 into 3X Inverse/Leveraged ETF and it earns 9% = $900 Return... Conversely, to earn that same $900 in a regular, similar ETF thats NOT a 3X ETF looks like-- WOULD NEED $30,000 into Regular ETF and it earns 3% = $900 Return... NOW I would need 3X THE CASH ***30K vs 10K only, to earn the same $900!!! The Govt. restricting access to this investing opportunity by exercising undue regulation, would be a severe limit on my abilities to invest for my familys future, by requiring THREE TIMES the amount of Funds to earn the same return for my family!! This sure seems like Govt Overreach when you try to limit private citizens on the ability to invest their own funds at their own risk, for their own family Please STOP this unnecessary regulation on hard working families to invest for their families!! Sincerely, John and Sonia Wolfe [REDACTED]
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
John Wolfe Comment On Regulatory Notice 22-08
I was alarmed to hear regulations are being considered by FINRA, which would severely restrict my being able to buy leveraged or inverse funds to invest for my family! The wonderful thing about Inverse or Leveraged Funds is that I can capture the same returns with 1/3 less Capital outlay A typical real life example for me would be if I... When I Invest 10,000 into 3X Inverse/Leveraged ETF and it earns 9% = $900 Return... Conversely, to earn that same $900 in a regular, similar ETF thats NOT a 3X ETF looks like-- WOULD NEED $30,000 into Regular ETF and it earns 3% = $900 Return... NOW I would need 3X THE CASH ***30K vs 10K only, to earn the same $900!!! The Govt. restricting access to this investing opportunity by exercising undue regulation, would be a severe limit on my abilities to invest for my familys future, by requiring THREE TIMES the amount of Funds to earn the same return for my family!! This sure seems like Govt Overreach when you try to limit private citizens on the ability to invest their own funds at their own risk, for their own family Please STOP this unnecessary regulation on hard working families to invest for their families!! Sincerely, John and Sonia Wolfe [REDACTED]