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Ronald Rosenberg Comment On Regulatory Notice 22-08

Ronald Rosenberg
N/A

I have been investing successfully in leveraged and inverse ETFs for several decades, including currently. I am a non-professional private investor. I believe there should be no regulations which limit my ability to trade these funds like any other ETF or security. I should be able to chose the investments that are most suitable for me and my family, and these should not be available to just select investors.

There should be no new regulations, tests, reading materials or other constraints forced on me to trade these investments. Currently i have protected my portfolio with leveraged inverse ETFs from the ongoing downturn in the markets. I have carefully read my broker's warnings each time I trade these, and I strongly oppose any new regulations that would limit my ability to trade these investments.