Adam Easterbrook Comment On Regulatory Notice 22-08
Adam Easterbrook
N/A
It is alarming that FINRA wants to prevent me and my family from making money using leveraged ETFs during this current market cycle. I am able to use these funds such as SQQQ to hedge my portfolio during the current volatility. This has prevented my account from being negative for the year. I have also used some of the commodity funds to take advantage of the rise in oil prices. I am not a wealthy person and would likely not qualify for a minimum balance. Taking action to limit access to these funds would make it more difficult to hedge my account and maintain or expand the balance of my retirement account.
Adam Easterbrook Comment On Regulatory Notice 22-08
It is alarming that FINRA wants to prevent me and my family from making money using leveraged ETFs during this current market cycle. I am able to use these funds such as SQQQ to hedge my portfolio during the current volatility. This has prevented my account from being negative for the year. I have also used some of the commodity funds to take advantage of the rise in oil prices. I am not a wealthy person and would likely not qualify for a minimum balance. Taking action to limit access to these funds would make it more difficult to hedge my account and maintain or expand the balance of my retirement account.