I and investors like me, not regulators, should be able to choose public investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
Using ETF and inverse ETF securities, along with other strategies, allowed me to avoid the 35-40% decrease in portfolio value experienced by almost all 4000 mutual funds and like instruments during the 2008-2009 market mini-crash. My family portfolio increased about 4% during that stressful period.
Let me be clear and succinct:
I shouldn't have to go through any special process
like passing a test before investing in public securities,
like leveraged and inverse funds.
I have been investing in various securities & instruments more than 55 years and am perfectly capable of understanding leveraged and inverse funds and their risks. That's what a free market is supposed to be, not one that restricts everyone else except people of wealth and privilege from use of such public financial instruments.
John Petura Comment On Regulatory Notice 22-08
I and investors like me, not regulators, should be able to choose public investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
Using ETF and inverse ETF securities, along with other strategies, allowed me to avoid the 35-40% decrease in portfolio value experienced by almost all 4000 mutual funds and like instruments during the 2008-2009 market mini-crash. My family portfolio increased about 4% during that stressful period.
Let me be clear and succinct:
I shouldn't have to go through any special process
like passing a test before investing in public securities,
like leveraged and inverse funds.
I have been investing in various securities & instruments more than 55 years and am perfectly capable of understanding leveraged and inverse funds and their risks. That's what a free market is supposed to be, not one that restricts everyone else except people of wealth and privilege from use of such public financial instruments.