Venkatesh Lingineni Comment On Regulatory Notice 22-08
Venkatesh Lingineni
N/A
I should be able to choose what is right for me as an adult. FINRA can give guidance but shouldn't block instruments arbitarily. Even private equity investors go horribly wrong so having large portfolio is no gaurantee for sane investment. People like me from middle class rely on long term compunding of leveraged instruments for a sizeable retirement fund. for example there are a whole community which uses long term treasuries as hedge while holding leveraged etfs to combat any crashes. I for example hold 35% each in SSO and QLD and 20% TMF and 10% between TLT and cash. So, stop hurting people like us who understand the risk of what we are doing by going for a blanket retail ban of these amazing products.
Venkatesh Lingineni Comment On Regulatory Notice 22-08
I should be able to choose what is right for me as an adult. FINRA can give guidance but shouldn't block instruments arbitarily. Even private equity investors go horribly wrong so having large portfolio is no gaurantee for sane investment. People like me from middle class rely on long term compunding of leveraged instruments for a sizeable retirement fund. for example there are a whole community which uses long term treasuries as hedge while holding leveraged etfs to combat any crashes. I for example hold 35% each in SSO and QLD and 20% TMF and 10% between TLT and cash. So, stop hurting people like us who understand the risk of what we are doing by going for a blanket retail ban of these amazing products.