Michael Kittrell Comment On Regulatory Notice 22-08
MICHAEL KITTRELL
N/A
I disagree with the proposed rule in FINRA Regulatory Notice #22-08. 1. I should be able to invest in public securities as an individual investor, including leveraged and inverse funds without any barriers. 2. Brokerages can provide disclaimers, notices, and education to individuals however, these should not be a condition for investment or used as a barrier to entry. 3. Regulatory oversight should be limited to the objective of ensuring that leveraged and inverse funds send a detailed prospective and comprehensive fund descriptions with the objective of clarifying the nature and design of the fund, explaining the risks involved with investing in the fund, illustrating the heightened risks, and to educate against any false assumptions about how the fund might behave in certain financial scenarios. 4. Leveraged and inverse funds should not be limited to professional financial investors. 5. Leveraged and inverse funds should not be restricted to individuals of certain wealth limits. Thank you for listening to my comments!
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
Michael Kittrell Comment On Regulatory Notice 22-08
I disagree with the proposed rule in FINRA Regulatory Notice #22-08. 1. I should be able to invest in public securities as an individual investor, including leveraged and inverse funds without any barriers. 2. Brokerages can provide disclaimers, notices, and education to individuals however, these should not be a condition for investment or used as a barrier to entry. 3. Regulatory oversight should be limited to the objective of ensuring that leveraged and inverse funds send a detailed prospective and comprehensive fund descriptions with the objective of clarifying the nature and design of the fund, explaining the risks involved with investing in the fund, illustrating the heightened risks, and to educate against any false assumptions about how the fund might behave in certain financial scenarios. 4. Leveraged and inverse funds should not be limited to professional financial investors. 5. Leveraged and inverse funds should not be restricted to individuals of certain wealth limits. Thank you for listening to my comments!