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Mark Rafter Comment On Regulatory Notice 22-08

To Whom It May Concern - I consider the proposed FINRA restrictions to Leveraged and Inverse funds to be yet another example of the Nanny State coming to the rescue of individuals that the government and their agencies feel the need to protect. I for one am more than capable of understanding the risks of these investment vehicles and want NO restrictions on my investment strategy. L&I funds are excellent short term alternatives for volatile markets (such as early 2022) and are especially useful as hedges to the larger percentage of more traditional equity positions.

Trent Kochman Comment On Regulatory Notice 22-08

The proposed limitations on certain purchasers of leveraged and inverse funds appears arbitrarily selected with no rational justification as to how it is meant to protect anyone. It appears the "protection" factor is nothing but a ruse to give an unfair advantage to professional and institutional investors - by given them privileged access to investing options not available to retail or individual investors. Risk is inherent to all investment options.

Wiliam Schechter Comment On Regulatory Notice 22-08

To whom it may concern,

Regarding the disturbing news that you are going to start regulating and possibly preventing me from purchasing some publicly available leveraged ETF's, I wanted to relay my opposition to such a plan. I have several of these holdings in my retirement and taxable accounts and am fully aware of the risks and significant swings along with the market. Have you seen the volitility in TSLA lately??

Don Greiner Comment On Regulatory Notice 22-08

I believe investors should be able to choose what investments that they want to invest in. I used these investments as a hedge for my portfolio. I do think that the acknowledgement of risk and investment experience should play a role in whether investors can invest in leveraged products, but the approval process should be similar to the process for getting approval to trade stock options. It shouldn't be more restrictive than that process. An investor should read the prospectus to understand the risk and they should have 2 years of investing experience.