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Zhi Liang Comment On Regulatory Notice 22-08

I am shocked and disheartened to know that regulations/prospectuses are under consideration to preclude retail investors from trading the Leveraged and Inverse ETFs, such as TQQQ and SQQQ, etc. As a retail investor with limited funds to hedge against market risks, for instance, I often buy SQQQ to protect my tech stock position without holding up a large proportion of my liquidity, which has worked really well to cover my long term holding.

Nickolas De Witt Comment On Regulatory Notice 22-08

This is completely unfair to the retail investor and is just another example of trying to limit the people's rights on investments. Using leveraged funds are essential in day trading, especially when day trading. We as individuals are completely capable in self-sufficient research without having to pass any forms of tests. Public investments are meant for the public, not just the elite.

Bret Pearcy Comment On Regulatory Notice 22-08

Dear FINRA,

I respectfully ask you to please refrain from enacting any additional regulations on this type of funds. A statement that notifies the buyer of the risk already has to be signed!
There is no need for any additional onerous regulations in buying this type of fund in a free market environment.
The purchase of these funds should not be limited to the super wealthy or financial experts only. This type of fund or funds provides the ability to hedge or balance one's portfolio.
Thank you.