During my 40 year working career while saving for retirement, I educated and positioned myself to competently manage a retirement portfolio. I am fiscally conservative and understand the risks associated with using the myriad the investment products currently available. Besides a variety of indexed ETFs, I have come to rely on the judicious use of inverse and/or leveraged funds, commodity, and other specialty funds. The availability of these products make it possible to mitigate the volatile nature of the markets. These products are instrumental in managing risk, enhancing liquidity and stabilizing the returns we rely on. I do not need regulators to protect me from the risks associated with these products. To the contrary, I ask you please do not take away or hinder the tools I use. Without them, it would be much more difficult to manage retirement funding and support my family.
Richard Cuesta Comment On Regulatory Notice 22-08
During my 40 year working career while saving for retirement, I educated and positioned myself to competently manage a retirement portfolio. I am fiscally conservative and understand the risks associated with using the myriad the investment products currently available. Besides a variety of indexed ETFs, I have come to rely on the judicious use of inverse and/or leveraged funds, commodity, and other specialty funds. The availability of these products make it possible to mitigate the volatile nature of the markets. These products are instrumental in managing risk, enhancing liquidity and stabilizing the returns we rely on. I do not need regulators to protect me from the risks associated with these products. To the contrary, I ask you please do not take away or hinder the tools I use. Without them, it would be much more difficult to manage retirement funding and support my family.