Dear FINRA,
My comment is in response to FINRA Regulatory Notice #22-08. I believe we as public investors should be able to decide how we invest our money. I am capable of understanding leveraged and inverse funds without having to go through and special process to use them. I have been using leveraged and inverse funds since 2009. They have immensely helped me in my retirement strategy. In addition, what I have found is leveraged funds are safer investment vehicles than owning individual stocks because they are diversified and you can avoid the perils of company risk when you are using them. In addition, I also use them to hedge risk during a correction like we are having now. They have been a key factor of protecting my investment during the current market conditions.
Steve Luhmann Comment On Regulatory Notice 22-08
Dear FINRA,
My comment is in response to FINRA Regulatory Notice #22-08. I believe we as public investors should be able to decide how we invest our money. I am capable of understanding leveraged and inverse funds without having to go through and special process to use them. I have been using leveraged and inverse funds since 2009. They have immensely helped me in my retirement strategy. In addition, what I have found is leveraged funds are safer investment vehicles than owning individual stocks because they are diversified and you can avoid the perils of company risk when you are using them. In addition, I also use them to hedge risk during a correction like we are having now. They have been a key factor of protecting my investment during the current market conditions.