Britt-Marie Fleury Comment On Regulatory Notice 22-08
Britt-Marie Fleury
N/A
Dear FINRA,
Public leveraged securities should be made available to the public at large without any special testing, endorsements or requirements. While I can appreciate that you are looking out for the novice investor, these ETFs (just like *any* ETF) are managed by managers who are FAR MORE FAMILIAR WITH THE MARKET than I am! Thats why they earn a management fee. I love the S&P and love my 3x leveraged ETF.
Leveraged funds are no more risky than a single stock- in fact Id say they are less risky. Please reconsider this unnecessary regulatory red tape for the common, retail investor. Thank you.
Britt-Marie Fleury Comment On Regulatory Notice 22-08
Dear FINRA,
Public leveraged securities should be made available to the public at large without any special testing, endorsements or requirements. While I can appreciate that you are looking out for the novice investor, these ETFs (just like *any* ETF) are managed by managers who are FAR MORE FAMILIAR WITH THE MARKET than I am! Thats why they earn a management fee. I love the S&P and love my 3x leveraged ETF.
Leveraged funds are no more risky than a single stock- in fact Id say they are less risky. Please reconsider this unnecessary regulatory red tape for the common, retail investor. Thank you.