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Guillermo Capiro Comment On Regulatory Notice 22-08

Guillermo Capiro
N/A

I am more than capable of choosing the publicly traded investment that are appropriate for me.

There is an abundance of easily available information on markets and the economy via the internet so that any reasonable adult can make adequate decisions on publicly traded investment funds, including leveraged ETF's.

Investing in ETF's, including leveraged funds is no riskier (and in fact typically still less risky) than buying many individual stocks. Long term success and failure in investing depends on many factors including appropriate research, ability to diversify among many investment vehicles and follow through and tracking of a portfolio's performance.