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Jacob Mitchell Comment On Regulatory Notice 22-08

Jacob Mitchell
N/A

I am writing to express significant concern with respect to regulations being considered by the Financial Industry Regulatory Authority (FINRA) that may restrict my ability to buy leveraged and inverse funds and dozens of other popular investments deemed by FINRA to be complex. Leveraged and inverse funds are very important to my investment strategies. I regularly use them to protect (hedge) my investments and/or seek enhanced returns, as an extremely thoughtful and limited part of my overall portfolio. I, not regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. Lastly, I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I do not need additional testing or educational requirements imposed on me. I am very capable of understanding leveraged and inverse funds and their risks.