I have been investing for many years, and have on many occasions used leveraged and inverse funds as part of a responsible portfolio management.
Restricting these products as you propose will remove important tools from the hands of small investors. Bluntly, these funds are not particularly complicated, and investors are not stupid. Furthermore, creating artificial barriers to their use by the general public will likely INCREASE volatility, exactly in opposition to your presumed goals.
The public markets are for everyone, not just the wealthy and privileged, so please do not needlessly interfere with their proper functioning.
Matthew Rohr Comment On Regulatory Notice 22-08
Dear FINRA,
I have been investing for many years, and have on many occasions used leveraged and inverse funds as part of a responsible portfolio management.
Restricting these products as you propose will remove important tools from the hands of small investors. Bluntly, these funds are not particularly complicated, and investors are not stupid. Furthermore, creating artificial barriers to their use by the general public will likely INCREASE volatility, exactly in opposition to your presumed goals.
The public markets are for everyone, not just the wealthy and privileged, so please do not needlessly interfere with their proper functioning.
Regards -
Matt Rohr