Comments: As an active private investor I understand the criticality of having access to inverse and leveraged ETFs. These products enable long term, full cycle investors to take advantage of short-term trends across multiple market segments, providing diversification and risk management of my portfolio. I would hope that FINRA allows for an expansion of these types of investing products in the future, as they allow the retail investor to be more self-directed. They are not complex financial instruments, they are quite simple in fact. Investors understand and realize the short term focus of the products, and what role they play in a portfolio. I feel they are an essential tool and hope that FINRA continues to allow the expansion of these offerings.
Richard Wolle Comment On Regulatory Notice 22-08
Comments: As an active private investor I understand the criticality of having access to inverse and leveraged ETFs. These products enable long term, full cycle investors to take advantage of short-term trends across multiple market segments, providing diversification and risk management of my portfolio. I would hope that FINRA allows for an expansion of these types of investing products in the future, as they allow the retail investor to be more self-directed. They are not complex financial instruments, they are quite simple in fact. Investors understand and realize the short term focus of the products, and what role they play in a portfolio. I feel they are an essential tool and hope that FINRA continues to allow the expansion of these offerings.