Comments: To: FINRA,
I have been an active trader for many years using Leveraged and Inverse (L&I) Funds fairly successfully. I understand their limitations and risks from various literature/warnings and from my own experience. I strongly suggest that investors and brokerage firms do not need additional regulations to effectively use L&I Funds. This would only make these Funds less liquid and less efficient. All of the stock market has an inherent risk and investors know that. I submit that we do not need more rules to limit our freedom to invest as we wish. Thank you for your consideration.
Nicholas Milin Comment On Regulatory Notice 22-08
Comments: To: FINRA,
I have been an active trader for many years using Leveraged and Inverse (L&I) Funds fairly successfully. I understand their limitations and risks from various literature/warnings and from my own experience. I strongly suggest that investors and brokerage firms do not need additional regulations to effectively use L&I Funds. This would only make these Funds less liquid and less efficient. All of the stock market has an inherent risk and investors know that. I submit that we do not need more rules to limit our freedom to invest as we wish. Thank you for your consideration.