One of the primary missions of the Securities and Exchange Commission (“SEC”) and the Financial Industry Regulatory Authority (“FINRA”) is the protection of investors, of which senior investors are an important and growing subset. As part of a collaborative effort, staff of the SEC’s Office of Compliance Inspections and Examinations (“OCIE”)1 and FINRA (collectively, the “staff”)
These comments are in regard to FINRA's Regulatory Notice 22-08 request for comments.
I am a non-professional, active investor who monitors and manages my personal portfolio every day. As such, it is important to allow active investors like myself to make their own determination of what products to use at what time to achieve their financial goals. Individual investors, not regulatory
Although I understand to some degree the desire to prevent people from suffering considerable financial losses, I believe this is a wrong approach. Our representatives should not be using legislation to parent the general population as in the "nanny state". It is my choice to invest in riskier investments. At most, if a person interested in buying riskier investments such as
Please regulate the manipulation of our free market system. Companies should not be able to bypass rules set in place following 2008 or we risk another black swan event and lack of trust in our financial system.
Hearing to Review Current Investigations and Regulatory Actions Regarding the Mutual Fund Industry: The Regulatory Landscape
Regarding the proposed FINRA Regulatory Notice #22-08, I strenuously object to ANY legislation restricting ANY investment I choose to make. I have my own best interests at heart -- regulators only want power and could care less whether I have access to the investments I need for my own personal financial security. It is appalling how patronizing, paternalistic, meddlesome, and tyrannical
I feel that I, not regulators, should have the right to choose the public investments that's best for my family. Publix investment s should be available to all the public, not just the privileged.
I should not have to pass a test in order to invest in public securities, including cryptoocurrency. I am capable of understanding the risk in these types of investments. And I can also
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to make technical and other non-substantive changes within FINRA rules.
Industry Governor (Large Firm Representative)Managing Partner, Edward JonesGovernor Since 2022Committees: Audit & Risk Committee, Finance, Operations & Technology CommitteeProfessional ExperienceEdward JonesManaging Partner (2019 – present)Principal, Client Strategies Group (2015 – 2019)Principal, Branch and Region Development (2011– 2015)Principal, Branch Office Administrator
I am an experienced investor and a former CPA and former financial executive of two NYSE listed companies. I do not consider it appropriate for the government to tell me and my wife what I can and cannot invest in. Based on market conditions it may be appropriate to invest in inverse or leveraged funds or ETF's. My wife and I are invested in such funds in our joint account and each of
