Richard Bazarian Comment On Regulatory Notice 22-08
Richard Bazarian
N/A
Dear FINRA. I am an individual investor writing to ask that you not regulate, restrict, or in any way make more complex the task of investing in leveraged or inverse funds. The markets are a two way street. It is important to be able to manage one's money on both the long and short side. Beware unintended consequences of your decisions. Restricting individual investors from carefully constructed, and time tested leveraged and/or inverse funds would simply drive them into the more benign appearing, but equally risky world of options trading; which in my experience are more complex, more difficult to manage while holding "a day job", and in my opinion appear to be overused by the novice investor. Thank you for your consideration.
Richard Bazarian Comment On Regulatory Notice 22-08
Dear FINRA. I am an individual investor writing to ask that you not regulate, restrict, or in any way make more complex the task of investing in leveraged or inverse funds. The markets are a two way street. It is important to be able to manage one's money on both the long and short side. Beware unintended consequences of your decisions. Restricting individual investors from carefully constructed, and time tested leveraged and/or inverse funds would simply drive them into the more benign appearing, but equally risky world of options trading; which in my experience are more complex, more difficult to manage while holding "a day job", and in my opinion appear to be overused by the novice investor. Thank you for your consideration.