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2019062612901 Blakely Page CRD 2922955 AWC lp (2022-1655684407881).pdf

FINANCIAL INDUSTRY REGULATORY AUTHORITY LETTER OF ACCEPTANCE, WAIVER, AND CONSENT NO. 2019062612901 TO: Department of Enforcement Financial Industry Regulatory Authority (FINRA) RE: Blakely Page (Respondent) Former General Securities Representative and General Securities Principal CRD No. 2922955 Pursuant to FINRA Rule 9216, Respondent Blakely Page submits this Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of the alleged rule violations described below.

Leo Dougherty Comment On Regulatory Notice 22-08

I run a systematic investment plan where leveraged ETFs are the key component. These funds are extremely important to my investment plan and have provided me with improved performance over the long term compared to standard market measures. I fully understand the leveraged effect the funds and use it in a responsible manner to my advantage. I do not want or need a third party evaluating my capability of managing these funds, and certainly do not want someone preventing me from buying them just because other people do not understand the risks.

Mary Prost Comment On Regulatory Notice 22-08

We, not regulators, should be able to choose the public
investments that are right for us and our families. Public investments should be available to all of the public, not just the privileged.

I should not be forced to go through any special process in order to invest in public securities, like leveraged and inverse funds. I am quite capable of understanding leveraged and inverse funds and their risks. Treating the American people as if we are stupid is stupid.