Skip to main content

Jeff Hermann Comment On Regulatory Notice 22-08

I regularly use leveraged and inverse funds to hedge my investments. They are an invaluable tool and I use them in a sensible and limited capacity. I am not a "high net worth" individual. I find it offensive that FINRA would even consider taking these away from regular investors. This would just be further proof that this game is "rigged" for the big players. People like me are more than capable of making our own investment and trading decisions and we are fully capable of understanding the risks involved.

Yan Qiu Comment On Regulatory Notice 22-08

It poses a severe threat towards market fairness. It further discriminate retail traders or investors from choosing the financial products that fit their trading needs because institutional investors are free of using high leverage in their trading. We, as retail investors, are fully aware of conditions, fees and risks of leveraged index ETF. They should NOT be made available only to a small rich or privileged people. By limiting these products to retail traders, it will significantly raise the cost of building a portfolio that fits my goal of investing.

Patrick Jones Comment On Regulatory Notice 22-08

Comments: I believe that it is an overstep by FINRA to limit access to leveraged and inverse ETFs. By limiting access, FINRA is unduly infringing on the rights of free market participants. Providing education on these products to investors is more than appropriate, but limiting access would be an overstep. I, and all of the people I know personally, have a deep understanding of the characteristics and risks involved with leveraged and inverse funds. The vast majority of investors know that they are intended for short-term, active trading and should be monitored carefully.

Robert Paul Comment On Regulatory Notice 22-08

I think it would be a mistake to limit complex products for investment advisors and registered reps beyond what is currently in place at most broker dealers. They are useful hedging tools and a quick way to add beta, in certain circumstances. I don't use them often, but on occasion they are a good and helpful tool.
The general public should sign disclosure forms or take training on these types of investment vehicles. The public should be required to have just as much training in the use of these instruments as professionals.