I'm concerned about your plan to restrict my access to leveraged and inverse ETFs. I strongly urge you to reconsider your plans. I should be able to choose investments that are right for me and my family -- regulators should not interfere here. Passing a test or having cool off periods is completely unnecessary hand holding. You are trying to protect a small subset of investors that are investing in a reckless fashion. They are wired that way and will easily find another way of being reckless. Meanwhile you are putting up roadblocks for all other investors that don't benefit from these roadblocks. Please rethink. Marcel Herbst, CFA
Marcel CFA Comment On Regulatory Notice 22-08
I'm concerned about your plan to restrict my access to leveraged and inverse ETFs. I strongly urge you to reconsider your plans. I should be able to choose investments that are right for me and my family -- regulators should not interfere here. Passing a test or having cool off periods is completely unnecessary hand holding. You are trying to protect a small subset of investors that are investing in a reckless fashion. They are wired that way and will easily find another way of being reckless. Meanwhile you are putting up roadblocks for all other investors that don't benefit from these roadblocks. Please rethink. Marcel Herbst, CFA