| FINRA.org Skip to main content

Todd Wayland Comment On Regulatory Notice 22-08

Dear FINRA regulators,

Private investors should have the right to choose to invest in funds that are a good fit for their investment objectives. It is unfair to eliminate the ability to invest in leveraged funds for the investing public, especially since many of these funds have a proven track record of protecting investment portfolios when used the right way.

If an investor chooses to be irresponsible, it does not matter if they invest in a leveraged fund or unleveraged fund - they will find a way to lose money.

Vance Howard Comment On Regulatory Notice 22-08

Thank you for allowing comments on this subject:
You shouldn't have to go through any special process
like passing a test before you can invest in public securities, like leveraged and inverse funds. These investments are critical to hedging a portfolio. Please allow individuals to make their own choices as to how they invest their money, not the government.
Thank you for your consideration
Vance Howard