The Securities and Exchange Commission (SEC), Municipal Securities Rulemaking Board (MSRB), and Financial Industry Regulatory Authority (FINRA) today announced that registration is open for a virtual Compliance Outreach Program for municipal market professionals. The free webcast is open to the public and will take place on Thursday, December 7, 2023, from 10:30 a.m. to 4:30 p.m. ET.
I do NOT desire any changes by regulators that impeded my ability to invest, especially these listed below that require me to: Pass a regulator-imposed test of my specialized investment knowledge Demonstrate a high net worth Get special approval from my broker Attest to reading certain materials Go through cooling off periods during which you cant invest
Just please do the right thing
I say leave leave what we have alone.Enough is Enough
To Whom It May Concern:
I want to express my concern against for the proposed regulation that would limit or eliminate my ability in invest the leveraged and inverse ETFs which I currently have in my portfolio that I personally manage. I have used these effectively for years to grow my wealth and therefore:
> I, not regulators, should be able to choose the public investments that are
I cannot state how much I am opposed to excessive regulations taking away my freedom to invest as I so chose. I utilize put options on these types of leveraged funds such as UPRO and TQQQ to acquire shares tied to the S&P and Nasdaq at a very advantageous price and then sell covered calls against the shares once obtained. I can make upwards of 5% on my money each month with
Don't change the law
It's our American right to invest
I think that I should be able to make my own investment decisions without further regulations from Big Brother. The sponsors of leveraged and inverse funds are required to make numerous disclosures regarding risks of the funds as well as how they operate. It is the responsibility of an investor to read and understand these disclosures. If he doesn't do that he can choose not to invest
We are well aware of the risks.We don't need regulators making decisions for us.
