Skip to main content

Todd Onjack Comment On Regulatory Notice 22-08

Dear FINRA, I am concerned about the potential changes that could affect my ability to purchase leveraged and inverse funds. I am an ardent supporter of the general public having access to the funds without the need to make these purchases though privileged brokers. I am well aware of the limitations and risk involved with these funds. The process that is being considered to make these purchases available to me are excessive and unreasonable. I currently have these funds as hedges for my portfolio and I consider it a tool for me to continue being fully invested in the market.

Richard Gore Comment On Regulatory Notice 22-08

I will be 82 in July and have been investing for 58 years. I dont need or want your nanny supervision. I use leveraged ETFs for aggressive speculation and for hedging in my roll over IRA. Is there really a problem here? This looks to me like an effort to expand your government fiefdom by exaggerating the need to rectify an injustice that is either trivial or doesnt exist. With 30 trillion in public debt and untold additional future obligations, working to reduce government expenditures would be a true service to the long term wellbeing of Americans.

Yanlin Qin Comment On Regulatory Notice 22-08

I oppose the restrictions to my right to invest! Im the one but not regulators should be able to choose the public investments that are right for me. Public investments should be available to all of the public, not just the privileged. I know what Im doing and Im the one who takes all the risks. So I dont think I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I understand leveraged and inverse funds and their risks. and I do not need these measures imposed on me.

Robert Kochis Comment On Regulatory Notice 22-08

As a non-professional retail investor, I strongly oppose the restriction of availability of leveraged and inverse ETFs and other investment vehicles. The risks of trading such securities are already made very clear and are displayed on the order confirmation screen of single buy/sell order, at every major brokerage firm that sells these products. The reach of regulation should end there- with a warning label- just as it does in the tobacco industry.