SUGGESTED ROUTING
Internal AuditOperationsSystemsTrading
As of July 22, 1993, the following 72 issues joined the Nasdaq National Market®, bringing the total number of issues to 3,186:
Symbol
Company
Entry Date
SOES Execution Level
CFBKP
Citizens Federal Bank, A Federal Savings Bank
6/23/93
200
PITC
Pittencrieff Communications, Inc.
6/23/93
1000
RCAP
Re Capital
We do n o t need regulation of complex products. We are Investors who understand the risks. We suspect your real motivation is not to help investors but control and eventually
restrict or prohibit investing in assets of all kinds, i.e. Cryptos,etc
I totally, 100%, disapprove of regulation of leveraged investments. I am an investor of over 40 years, and there is risk in any investment. I utilize only one such investment, and use to have a position in a market in which I am considering investment in the physical asset.
I've passed the finra series 65 exam and understand the risks of investing in leveraged funds. I only invest my employer match into risky assets and keep my own saving in market funds, this is an unreasonable restriction on retail investors.
I'm a responsible investor, taking calculated risk. Additionally, the primary reason for levered funds is an insurance policy against my existing portfolio of assets. It has a place in my portfolio and I think FINRA and the Govt should stay out of it.
I am writing to oppose restrictions being considered to apply to investors in leveraged and inverse funds. I have invested a modest portion of my assets in such funds as a worthwhile part of my overall investment strategy. I would not be considered a "large" investor.
I oppose the restrictions. I have a right to invest in whatever fund available to public. I only invest less than 1% of my overall asset in the leveraged funds to enhance returns. I should not go through any process of test.
Thank you.
Please do not impose further regulations on leveraged ETFs. Investors such as myself use these vehicles responsibly to invest in targeted asset classes. We fully realize the risks involved, please do not restrict our ability to invest in these products.
Leveraged and inverse funds have been vital to protecting my family's assets during this downturn. The problem is not a lack of regulation. The problem is the government not cracking down on true fraud and constantly bailing out entities that make poor choices.
Sec. 8.4 (a) A record of all certificates representing capital stock issued by FINRA Dispute Resolution shall be kept by the Secretary or any other officer, employee, or agent designated by the Board. Such record shall show the name and address of the person, firm, or corporation in which certificates representing capital stock are registered, the number of shares represented by each
