I object to FINRA trying to restrict the use of hedging instruments by normal Americans.
If I didnt have the continued right to use inverse ETFs, My retirement account would have been down 8% last month instead of up.
If you take away these vital tools for hedging, youll be reducing my ability to participate in the markets, and Ill be less able to retire and MORE exposed to risk in the annual volatility circus.
Dont take away my ability to protect my familys retirement fund, please.
Todd Enders Comment On Regulatory Notice 22-08
I object to FINRA trying to restrict the use of hedging instruments by normal Americans.
If I didnt have the continued right to use inverse ETFs, My retirement account would have been down 8% last month instead of up.
If you take away these vital tools for hedging, youll be reducing my ability to participate in the markets, and Ill be less able to retire and MORE exposed to risk in the annual volatility circus.
Dont take away my ability to protect my familys retirement fund, please.