GUIDANCE
SUGGESTED ROUTING
KEY TOPICS
Continuing Education
Legal & Compliance
Registration
Senior Management
Continuing Education
Firm Element
Continuing Education
Executive Summary
In the fourth quarter of every year, the Securities Industry/Regulatory Council on Continuing Education (Council) publishes the annual Firm Element Advisory (FEA). The Council is now updating the FEA in
I am a retail investor and these funds offer me the opportunity to invest in strategies other than long equities. I am also an informed investor. I understand and accept the risks involved. I do not believe that regulation will encourage responsible investing. I do believe regulation will limit retail investor opportunity.
I am in control of my own investments and future. I should be able to take risks I deem appropriate based on my own information and do not want regulators limiting my options. This is an unfair practice and the common investor should have the right to make their own decisions on how they invest.
Comments:its my choice to trade any and all securities including leveraged and contra etfs. The information on its risks is widely available and I reviewed it many times. Its my responsibility. I and we do the Due Diligence as long as full disclosure is provided.
Thank you,
Mirek Wachowiak
This kind of regulation will only make it more difficult for the average citizen to achieve financial independence and awareness. This is the kind of barrier that allows institutions to maintain their monopoly on advanced trading tactics and instruments. There is already plenty of information and cautionary warnings in place that any reasonable person would understand their risks.
Comments:
This is to inform you that there is no need of enhancements to current rules for Brokerage firms. There is already a warning at Brokerage firms and that is sufficient. We know they are short term and monitor them daily. No change is needed. This is in regards to Leveraged and Inverse ETF's. Please do NOT limit access. I depend upon them!
Stop the regulatory overreach! This proposal will prevent private investors from making informed decisions about how they want to spend their own money. Your ludicrous, vague and just plain stupid proposal will hurt me from selling investments I have already made! Just STOP IT.
Stop trying to regulate retail investors. Information regarding these securities and other more complex investments is readily available. Nobody forces me to buy leveraged funds and the risks are well documented. You need to worry more about the investment whales that constantly manipulate the daily charts!!
Comments: A custodian of private individual accounts should provide a disclaimer when L&I funds are purchased. It should detail the risks and advise that it is not a long-term holding. No one should be restricted from purchasing these products. An informed individual should scale his or her risk tolerance before purchase.
I use my leveraged funds to hedge various positions. they are useful for reducing the amount of funds necessary for taking a position.
I feel your rules may limit my access to these useful tools.
My brokerage houses provide extensive information and they outline the risks and of these products.
Robert Pallaron
