Robert Garcia Comment On Regulatory Notice 22-08
As a retail investor and trader, I protest FINRA's consideration to either limit of remove the option of purchasing leveraged and inverse ETFs. This action limits opportunities for retail traders and investors to use these instruments for hedging purposes. Since this is my money at risk and not the general public's I feel I have the understanding and competency in choosing where I wish to place my money for investing purposes. Retail investments and trading activities do not create systemic risk unlike the mega institutions.