Skip to main content

Michael Holmes Comment On Regulatory Notice 22-08

Regarding Regulatory Notice #22-08:
I am very much AGAINST the proposal to remove or restrict my access to tools that I use to maintain and enhance my financial security such as leveraged and inverse ETFs.
The fund families and brokerage houses themselves do a very good job of explaining the risks of these products. I have relied on these tools for years in conjunction with volatility-based trailing stops to manage my securities portfolio with great success.

Martin Shandling Comment On Regulatory Notice 22-08

Dear FINRA:
I want to express in the strongest terms my objection to and disappointment over what's being proposed. I own TBT and it has been enormously helpful to me especially in this period of sharply rising interest rates. Investors are sophisticated today and to prevent them from buying what are essentially hedging/loss mitigating vehicles prevents us from hedging our fixed income portfolios, which is unacceptable! Same applies to a broad range of "complex" products! Please drop this bad idea.