Thank you for overseeing and protecting the average retail investor from complicated and leveraged investments. I have used the leveraged TQQQ and UPRO to great effect and done so intelligently, I think. I would love to continue using these products as they match my aggressive investment thesis and knowledge. I have done well as a result of these products and am well aware of their dangers too. These investments are like fire, dangerous when uncontrolled, but efficacious when used well. Please keep in mind many retail investors do benefit from these investments. It is American to be able to use them and it is American to use their inherent risk as well.
Thomas Turner Comment On Regulatory Notice 22-08
Dear Regulators,
Thank you for overseeing and protecting the average retail investor from complicated and leveraged investments. I have used the leveraged TQQQ and UPRO to great effect and done so intelligently, I think. I would love to continue using these products as they match my aggressive investment thesis and knowledge. I have done well as a result of these products and am well aware of their dangers too. These investments are like fire, dangerous when uncontrolled, but efficacious when used well. Please keep in mind many retail investors do benefit from these investments. It is American to be able to use them and it is American to use their inherent risk as well.