I am a retired insurance business owner and am solely responsible for investing and trading my retirement funds. I use Inverse and Leveraged funds to hedge my portfolio insurance to protect, preserve and grow my portfolio. As a small investor it is vital for me to have use of these tools to use as I see fit without interference from any other authority(s). I know my personal situation, my risk tolerance and these are my hard-earned monies and therefore must have (and have the right to) unfettered access to these tools of trading - especially in a system that is already biased against the individual investor. My monies and my right and freedom to choose the tools and risks associated with the stock market win or lose with ALL of the same tools of inverse and leveraged funds in times when I feel they are useful and needed. NO more FINRA REGULATIONS!!
Nancy Justice Comment On Regulatory Notice 22-08
I am a retired insurance business owner and am solely responsible for investing and trading my retirement funds. I use Inverse and Leveraged funds to hedge my portfolio insurance to protect, preserve and grow my portfolio. As a small investor it is vital for me to have use of these tools to use as I see fit without interference from any other authority(s). I know my personal situation, my risk tolerance and these are my hard-earned monies and therefore must have (and have the right to) unfettered access to these tools of trading - especially in a system that is already biased against the individual investor. My monies and my right and freedom to choose the tools and risks associated with the stock market win or lose with ALL of the same tools of inverse and leveraged funds in times when I feel they are useful and needed. NO more FINRA REGULATIONS!!