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Gary Mancuso Comment On Regulatory Notice 22-08

Gary Mancuso
N/A

Dear Sirs and Madams, I urge you to NOT implement the new FINRA Regulatory Notice #22-08. It is unnecessary and creates a barrier to investors who use certain leveraged funds as part of their diversified portfolios. Creating barriers to investors for the use of certain investment tools further stacks the deck against the smaller investors in yet another way compared to wealthier investors, who don't face such impediments. Leveling the playing field and being "fair" means allowing everyone the same opportunities to invest. Currently, many types of investments are closed off to smaller/less wealthy investors, making it more difficult for them in comparison to those that are wealthier, but not necessarily any more knowledgeable.