Comments: Regarding FINRA Regulatory Notice 22-08.
I was forced into early retirement as a result of Covid. As such, I was forced into living off my IRA earlier than planned. I have been investing and trading for 45 years. I am a small retail trader. I occasionally employ the use of leveraged and inverse ETFs to protect against losses or to enhance returns with due regard for their intended
I have been investing in leveraged funds for many years, any investment has risk, leveraged funds carry less risk than many individual stocks that have no such requirement as they are a balance of many stocks which is better than someone who invests too much in a specific stock.
Comments:Please allow an individual to make his or her own choices. The risk I take are mine, and mine alone. I rely on the SEC to keep thing honest, and to make sure people are informed. I have gained a great deal by employing higher risk index funds, and wish to continue. Thanks
There is no further need for the government to >further< limit my access to leveraged investment funds. Information on the risks is made available to investors and it clearly lays out the uses and risks of these investment products. I(we) do not need further government intrusion into this area of our personal investment decision making and choices.
It would be detrimental for the investors to limit their access to leveraged funds. Most investors know the risk of these funds and brokerages are doing a good job of making sure that investors know the risk before they invest in these ETFs. Putting limitations on who can and cannot trade these funds would only help the few.
I should be able to choose my own public investments and
not a disinterested party.
I have traded leveraged investments for over 10 years and understand the risk involved - and with today's volatile markets it enables me to better control potential wild market swings without risking a large amount of capital..
Im more than capable of analyzing risk and choosing what investment opportunities to pursue. Government agencies should not restrict investment opportunities or make access to them more difficult through needless testing, cooling off periods, or be forced to explain my understanding of the investment and the associated risks.
As an individual investor, leveraged and inverse ETFs are very important to my hedging and risk management strategies. Having used them for many years, I'm very well aware of the risks involved with these securities and do not need any additional education or certification in order to use them properly.
Inverse funds are important to me. It's a huge part of my investment strategies. It helps reduce risks when market goes down. I definitely don't want to lose the ability to access inverse funds. Personally, i understand the risks and how to properly use them. The restriction is unnecessary.
Ladies & Gentlemen,
It is my understanding that the FINRA Regulatory Notice #22-08 is putting at risk my opportunity to invest in various methods of investing suggesting that I do not have an adequate understanding in how to do so while limiting the risk to me and my family. I and my family members, not regulators, should be able to choose the public investments that are appropriate
