Joseph Randolph Comment On Regulatory Notice 22-08
Joseph Randolph
N/A
FINRA Regulators:
I oppose the proposal to restrict my right to invest in leveraged or inverse funds. That should be my choice and not something that regulation should restrict. I have carefully studied the use of these funds and invest in them in a limited and targeted way. They provide a valuable hedge when the market has become bloated and a recession is likely. I am careful to limit the amount of my portfolio I invest in these funds and typically would not exceed 10% of my portfolio.
Joseph Randolph Comment On Regulatory Notice 22-08
FINRA Regulators:
I oppose the proposal to restrict my right to invest in leveraged or inverse funds. That should be my choice and not something that regulation should restrict. I have carefully studied the use of these funds and invest in them in a limited and targeted way. They provide a valuable hedge when the market has become bloated and a recession is likely. I am careful to limit the amount of my portfolio I invest in these funds and typically would not exceed 10% of my portfolio.