Leslie Grigg Comment On Regulatory Notice 22-08
Comments:I think FINRA should leave it alone and let investors decide for themselves.
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Comments:I think FINRA should leave it alone and let investors decide for themselves.
Comments: I STRONGLY urge FINRA to continue to allow investors and professional advisors to recommend and to be able to purchase for clients Leveraged and Inverse ETFs and all currently existing complex products of that type. To NOT allow these products causes more HARM than benefit to clients and investors as it removes options that currently exist. There are very few options that the retail investor and advisor can implement to portfolios to protect AGAINST downside risk.
Comments:Why do you propose new rules when these are just fine? They give access to profits, previously only available in much higher risk commodity futures trading. Do you propose to limit that too? The risk and rewards are made abundantly clear, as they are stated in the prospectus. Just leave well enough alone. Ty.
Comments:I am an educated investor and encourage the use of leveraged and inverse ETFs to remain in place
Comments: More nanny state dumbing down of the general population. I'm fully aware of the nature and volatility of leveraged ETFs. That they are not typically a buy, hold, and forget about type of vehicle for most people. So what? Disclose that on the front end and let people elect the level of risk tolerance with which they are comfortable.
Comments:Leave it alone.
Comments:Leveraged ETFs allows me to invest in a sector, thus avoid trying to pick a stock. I am not a professional investor. I sincerely request that you not take that option away from me. Thank you. Robert George
Comments: Please do not limit access to leveraged and inverse funds. They are valuable tools for navigating the turbulent market. Please do not take away one of the few channels the retail trade has to engage with market.
Comments:Please leave the Drexion inverse ETFs alone. They provide a valuable investment when Markets are failing such as right now.
I think leveraged ETFs should be eliminated. However, I think 1x inverse ETFs are fine. That is just shorting and I think 1x long or 1x short should both be allowed.