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Anonymous Comment On Regulatory Notice 22-08

Anonymous
N/A

Investors should be allowed to invest in all types of securities. Investors should not be discriminated against based on investment balance or net worth and should not have to pass a test to be eligible for certain investments. Brokers, such as Schwab, Fidelity, and Robinhood, and investment product providers, such as Proshares, all do a great job of informing investors of the risks associated with investment products, including stocks, options, ETFs, and leveraged ETFs. All of these types of investments should be allowed for all investors. As an investor, I feel well informed about these products and the risks associated with them. If some people invest in risky products while ignoring the risks associated with them then that’s their fault, and more prudent/disciplined investors should not be punished as a result. Most importantly, investors should not be forced to liquidate holdings of options, leveraged ETFs, etc., even if restrictions are imposed on the purchasing of such investments. Forcing liquidation would unfairly prevent the potential of further gains if the investments have been doing well or prevent the potential of having things turn around if the investments have not been doing well. Forcing liquidation of such investments would be detrimental to some investors because their investment strategies would be tragically cut off at an inopportune time.