To whom it concerns at the FINRA. I have heard that y'all are considering adding regulations to leverage and inverse funds. I strongly oppose additional regulations as I believe such regulations will burden investors and our saving goals. Regulators should not be in charge which public investments I would like to choose, they already regulate 14% of our salaries for social security. Leverage investments allow for reduced risks in a portfolio while maintaining average returns for retirement savers by allowing us to diversify in assets with negative correlations without taking a reducing in equity positions. While investors may see severe down turn in a leverage investment, if diversified, they should find that their total investment are more stable.
Paxton Kennedy Comment On Regulatory Notice 22-08
To whom it concerns at the FINRA. I have heard that y'all are considering adding regulations to leverage and inverse funds. I strongly oppose additional regulations as I believe such regulations will burden investors and our saving goals. Regulators should not be in charge which public investments I would like to choose, they already regulate 14% of our salaries for social security. Leverage investments allow for reduced risks in a portfolio while maintaining average returns for retirement savers by allowing us to diversify in assets with negative correlations without taking a reducing in equity positions. While investors may see severe down turn in a leverage investment, if diversified, they should find that their total investment are more stable.