Hello FINRA, Leveraged and inverse funds are important to my investment strategy. For example in a downward market trend (Q1 2022) I am able to invest in an inverse leveraged fund (e.g., SQQQ) to mitigate downside risk associated with my individual stock NASDAQ investments. As my individual NASDAQ investments declined the loss was offset by my investment in SQQQ. This helped me protect (hedge) my investments and enhanced my annual returns. Therefore, I believe I should be able to choose the public investments that are right for me and my family. I am very capable of understanding leveraged and inverse funds, as well as their risks, and I do not need any additional measures or regulations imposed on me. Including taking a test to demonstrate I am capable of understanding leveraged or inverse fund investments. Thank you.
Andre Prince Comment On Regulatory Notice 22-08
Hello FINRA, Leveraged and inverse funds are important to my investment strategy. For example in a downward market trend (Q1 2022) I am able to invest in an inverse leveraged fund (e.g., SQQQ) to mitigate downside risk associated with my individual stock NASDAQ investments. As my individual NASDAQ investments declined the loss was offset by my investment in SQQQ. This helped me protect (hedge) my investments and enhanced my annual returns. Therefore, I believe I should be able to choose the public investments that are right for me and my family. I am very capable of understanding leveraged and inverse funds, as well as their risks, and I do not need any additional measures or regulations imposed on me. Including taking a test to demonstrate I am capable of understanding leveraged or inverse fund investments. Thank you.