My concern is how this rule would affect leveraged and inverse leveraged fund (TQQQ, SPXL, SH, etc.) - These fund allow me to obtain a desired exposure with a smaller capital commitment, freeing this capital for retirment expenses withdrawal without the need to sell anything. - These funds allow me to hedge existing positions in a simple, understandable way. - My brokerages do an excellent job educating me about and requiring my acknowledgement when utilizing these instruments. - I do not need protection from myself; I need the freedom to act for myself. - FINRA as traditionally acted to protect individual investors from broker-dealers and others, not from themselves. That has been the right approach in my opinion. This rule is unnecessary and will make it more difficult for me to act in my own best interests. Thank you - Mark Curtis
Mark Curtis Comment On Regulatory Notice 22-08
My concern is how this rule would affect leveraged and inverse leveraged fund (TQQQ, SPXL, SH, etc.) - These fund allow me to obtain a desired exposure with a smaller capital commitment, freeing this capital for retirment expenses withdrawal without the need to sell anything. - These funds allow me to hedge existing positions in a simple, understandable way. - My brokerages do an excellent job educating me about and requiring my acknowledgement when utilizing these instruments. - I do not need protection from myself; I need the freedom to act for myself. - FINRA as traditionally acted to protect individual investors from broker-dealers and others, not from themselves. That has been the right approach in my opinion. This rule is unnecessary and will make it more difficult for me to act in my own best interests. Thank you - Mark Curtis