Skip to main content

Roger Kaye Comment On Regulatory Notice 22-08

You seem to be planning to go far beyond any legitimate mandate. Your role should be to make sure investors are adequately informed of the risks of leverage . Make the management pepper their ads, reports etc with as many dire warnings as you like, but kindly allow investors to manage their own risk tolerance. Being a watchguard for investors is not the same as being our mommy.
Roger H. Kaye, MD, JD, MBA, LLM

Howard Kessinger Comment On Regulatory Notice 22-08

I am 83 yrs. old and live on social security and a 700.00 pension. If I lose the rights to invest in the types of funds then there is no way I can survive the inflation. I an a very small investor and have planned so in can survive but if you eliminate these in verse funds I will probably be on welfare in the near future. These are the only way some of us have to survive. Besides not everyone that does this makes any money from it.

Nicholas Bonse Comment On Regulatory Notice 22-08

It is grossly unfair to only allow access to these products to large money players. Leveraged funds compromise less than 2% of my active holdings, but are useful in capitalizing on upswings that occur after large selloffs (such as the COVID selloff in March-April of 2020). When the markets enter a period of distress we should be allowed to buy the dip as aggressively as I wish. All the money I invest is at risk of being lost whether it is in a leveraged index fund or a standard index fund and no amount of micromanagement will change that.

David Clair Comment On Regulatory Notice 22-08

I should be free to make my own decisions to invest in leveraged and inverse ETFs, which I have used to advantage in various market conditions for many years. I don't need someone else deciding if I have the knowledge and expertise to use these investment products. In my 60 plus years of investing, the choices I make regarding what to buy has made me wealthier than most of the regulators who now want to limit my choices

Gordon Tsang Comment On Regulatory Notice 22-08

Dear FINRA,
As mentioned in many comments already made by the others, only allowing professional traders to trade complex ETF such as TQQQ and SQQQ is unfair to retail traders, please don't do that!! Besides of risk, these instruments could also be used to hedge risk, everything has two sides!
I do support more carification from the issuer to investors of these instruments.
Thank you for your time!!