FINRA - RE Proposed Rule #22-08, kindly kill it. As a ProShares EFT investor, let the free market work without the over-regulation like what you are proposing. It is obviously driven by the "Woke Crowd" and has no place in America's financial markets.
James Ferguson
Long Time Investor
This does not need regulated. I can do my own due diligence
Thank you for the opportunity to comment on the Obligations on Complex Products and Options from the perspective of small investors. Such products offered in public securities and exchange traded funds have provided small investors like me and my family members the access to hedging products at reasonable costs. Such products provide us the hedge and protection so that we can invest in a wider
As an American, I am opposed to any form of regulation which would limit my right and my ability to freely invest in whatever choices are available. By definition public investments should remain available to the public.
These rules and regulations are for the rich to stay rich and so the retail average investor has little to no chance. Larger investors simply have the capital and can just buy their way into privilege. Someone's access to financial products should not be limited to their class as your access to medical care should not and is not limited to your class race or anything for that matter. We all
Dear Sirs/Madams:
I object very strongly to any FINRA regulation which would limit my freedom to choose my own investment tools to manage my own assets. I have been an investment professional for more than 60 years and fully understand the risks of inverse and/or leveraged ETFs which I use as a hedge against market risk.
John M. Bruderman Jr., CFA charter 1841
Stop the governmental over-reach. Instead help educate current and future generations have the knowledge to be individually responsible.
The prospectus for proshare leveraged products adequately describe the risks involved. They are no more risky than many other product readily available to the public. FINRA should focus on such scams as Bitcoin and other digital currencies (also known as magic beans) that have zero intrinsic value and are openly marketed to the public through television.
We should be able to make decisions about our money without government intervention.
So let me get this right. The Fed in pandering to the Democrat Party Mob and the crippling spending they have engaged in, and somewhat to those never pick a fight Republicans, has created a huge mess and the one thing that helps a person not loose in the market day after day, is reserved for the fat cats that made the mess. The whole idea of the Fed, a private bank, was to prevent situations like
