Hi FINRA Committee Members, I don't believe it is fair that you are trying to regulate leveraged and inverse funds. I understand the risks in using them, and have used them successfully in the past. I find them to be easier trading vehicles than using options and I use them as a way to keep my portfolio hedged and to play short term swing trades during uncertain times. If others don't know how to use them properly, that's on them, and I'm sure they'll learn quickly if they lose money by not knowing what they are getting into. Please reconsider restoring access to these funds.
Kevin Steuer Comment On Regulatory Notice 22-08
Hi FINRA Committee Members, I don't believe it is fair that you are trying to regulate leveraged and inverse funds. I understand the risks in using them, and have used them successfully in the past. I find them to be easier trading vehicles than using options and I use them as a way to keep my portfolio hedged and to play short term swing trades during uncertain times. If others don't know how to use them properly, that's on them, and I'm sure they'll learn quickly if they lose money by not knowing what they are getting into. Please reconsider restoring access to these funds.