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Trent Middleton Comment On Regulatory Notice 22-08

Trent Middleton
N/A

In re FINRA Regulatory Notice #22-08:

I strongly disagree with any restrictions being put into place that would not allow myself and my household from being able to invest into leveraged funds. Investing in leveraged and inverse funds are taken after careful consideration and are used as a valuable investing tool. I should not be burdened with undertaking any additional special processes before being able to use these investing tools.

It is accepted that retail investors read a funds prospectus and understand the risks they are entering into, without any additional special processes being imposed. Leveraged funds and inverse funds should be no different, as they provide an additional tool to the investor while spelling out clearly any different or additional risks that maybe incurred by using them.

Additional tools being provided to retail/public investors is something that should be provided whenever possible, as often as possible, as easily as possible, especially when such tools are generally used in limited fashion and part of greater portfolio strategies.