I'm opposed to FINRAs proposed limits that may restrict access to L&I Funds or to disqualify individuals from trading L&I Funds or other complex products. Limiting access to investors should never be the answer. Education of the risks should be, which is what my financial institutions have provided. As an investor I understand that a leveraged ETF has increased risk and they may not necessarily track the underlying index/asset. I also understand that over the long term the leveraged ETF may not closely track the daily returns. I have personally invested in leveraged ETFs through market downturns like in 2019 to make great returns. Please don't add unnecessary hurdles to this process. Allow investors the ability to invest in what they want, without have to fight for this right.
Ramon Villoch Comment On Regulatory Notice 22-08
I'm opposed to FINRAs proposed limits that may restrict access to L&I Funds or to disqualify individuals from trading L&I Funds or other complex products. Limiting access to investors should never be the answer. Education of the risks should be, which is what my financial institutions have provided. As an investor I understand that a leveraged ETF has increased risk and they may not necessarily track the underlying index/asset. I also understand that over the long term the leveraged ETF may not closely track the daily returns. I have personally invested in leveraged ETFs through market downturns like in 2019 to make great returns. Please don't add unnecessary hurdles to this process. Allow investors the ability to invest in what they want, without have to fight for this right.