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Harry Carter Comment On Regulatory Notice 22-08

Please do not restrict my ability to use leverage/inverse stocks. These stocks allow me to leverage my positions without incurring debt and without direct involvement in derivatives. They allow me to take short positions without making short sales. They allow me to make trades not possible using mutual funds. They allow me to trade NDX and SPX more efficiently than possible for me using at- and out-of -the-money index options. I have never had a problem opening or closing a position in QLD, QID, SSO, or SDS.

Song Kim Comment On Regulatory Notice 22-08

Why Finra always consider leverage and inverse product are the most dangerous? What about growth stocks that swings more than leverage? Like Lucid, Sofi, AMC, GME etc stocks that are up and down huge percent a day are not dangerous? How can you regulate and educate people? Stock market by itself is very risky and the valuation can be changed at any time no matter how much you know about the products. I think it's good to keep the way it is now and give the investors freedom

Charles Ajamian Comment On Regulatory Notice 22-08

I've invested for my own account over 50 years, and served as a NASD/FINRA arbitrator over 20 years. I dealt with options, high-yield funds, leveraged ETFs, and many other products. My concerns are disclosures and suitability.
Complex products require complex rules and complex disclosures. Disclosures must have a separate summary of risks in plain language, in addition to the legal language required. Additional rules and policies a member/seller may have (beyond those of FINRA or the SEC) need to be spelled out clearly, again in a separate section.

Tariq Bhatti Comment On Regulatory Notice 22-08

I have seen warning provided by the broker website on each buy trade. In addition I had to go through a risk signup document to confirm that I understand the risk.
Above steps are good way to provide disclosure on every trade.
However if the changes are being planned to make an investor go through certain tests then I think that is excessive, and would not appreciate putting such restrictions.

Dean Truong Comment On Regulatory Notice 22-08

Comments: As a retail investor that wants to take advantage of leverage without the use of options these instruments work to add exposure for a long or as a hedge on sector/market downturns.

I would say that most retail need to understand how they work in reality (rebalancing every day) and the risks associated during times of high volatility. In that case it's the same issues as having options.