Skip to main content

Jordan Smith Comment On Regulatory Notice 22-08

Hello FINRA,

These types of restrictions take away the opportunity for retail investors to engage in leveraged investing. It should be understood that by eliminating this you would take away the opportunity for investors to take on additional risk based on tolerance of the individual. Please consider that investments regulations should mitigate extreme risk. In these instances most investors would only lose only the capital they placed. Please consider tha tall retail investors understand that an investment could go to zero. Do not protect us from risks we already understand.

Richard Ellenbogen Comment On Regulatory Notice 22-08

I have been using leveraged EFT's for many years and that is a major source of my yearly income. I'm well aware of the risks and I'm willing to take those risks. I've educated myself over the years in most aspects of the stock markets and use options extensively. Most financial advisors know little about using these investment techniques and are afraid to recommend them. If investors would educated themselves, none of this would need to even be discussed. Bonds are supposed to be safe, but look what has happened to bond values in the past six months.

Neil Hahn Comment On Regulatory Notice 22-08

I am very concerned that I have heard that regulators are contemplating putting new requirements on individuals that want to invest in leveraged or inverse funds. I am an investor that has been investing in various stock, mutual funds, and ETFs for over 50 years. The advent of leveraged and inverse funds through the use of ETFs has greatly enhanced my capability to improve my investment returns. Prior to the advent of these vehicles, I was happy to have returns of 5% or 10% a year. Since including them in my investment strategies, my returns have increased to well over 25% per year.

Neal Frederick Comment On Regulatory Notice 22-08

This is proposal is another fine example of government intervention where none is needed. I know that this proposal is written by special interest groups driven by their profit motivation not for the best interest of the public. No one is going to invest in a leveraged fund unless they know what they are investing in. In no way should regulations require that investors go through any special process like passing a test before investing. This fund is an important component of my investment strategy, and I am fully aware of the downside risk.