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Steven Swernofsky Comment On Regulatory Notice 22-08

Dear Sirs:
I submit these comments in opposition to this FINRA Regulatory Notice:
I oppose limitations on use of ETFs that relate to "leveraged" or "inverse" funds. These ETFs are already fully disclosed to the public, and form a crucial part of many investor's plans for investing. Each individual is different; there is no "one size fits all" regulation that is fair, reasonable, and clear.

William OReilly Comment On Regulatory Notice 22-08

Im a retail investor. About 10 years ago I bought an inverse ETF fund after hearing it recommended on a PBS stock market program. It never was in the black - it only lost value. Its now down more then 90%. I can understand how these investment vehicles can be effective for sophisticated investors and industry professionals but sales to the general public should be restricted. They are too risky. Thank you.

Jack Anderson Comment On Regulatory Notice 22-08

Dear FINRA,

Inverse ETFs are some of the best tools available to use in bear markets - and we are facing a doozy.

Leveraged ETFs provide a simple and easy way to make outsized investments without complicated and dangerous margin requirements.

Why exactly are you wanted to limit access to these products now? That's a sincere question.

Please do not take away my right to invest how I see fit in public securities.