Gennaro Napolitano Comment On Regulatory Notice 22-08
Gennaro Napolitano
N/A
Im a normal everyday retail investor who's been continuously using leveraged ETF's for multiple years now.
Im a simple investor dollar cost averaging my funds and realize the risks that come with it, and that I could potentially lose everything.
Please understand that restricting retail investors and only allowing people with a "high net worth" or "experienced professionals" is simply unfair for those who are pushing towards a truly fair market where everyone can decide how they want to use their money.
No one should be barred access to funds that professionals otherwise would simply because we don't have a special status. Many of us take the time to research and understand the risks that we're taking.
FINRA should not bar anyone based on their own beliefs of how retail investors should handle their funds.
Gennaro Napolitano Comment On Regulatory Notice 22-08
Im a normal everyday retail investor who's been continuously using leveraged ETF's for multiple years now.
Im a simple investor dollar cost averaging my funds and realize the risks that come with it, and that I could potentially lose everything.
Please understand that restricting retail investors and only allowing people with a "high net worth" or "experienced professionals" is simply unfair for those who are pushing towards a truly fair market where everyone can decide how they want to use their money.
No one should be barred access to funds that professionals otherwise would simply because we don't have a special status. Many of us take the time to research and understand the risks that we're taking.
FINRA should not bar anyone based on their own beliefs of how retail investors should handle their funds.