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Walter Fallows Comment On Regulatory Notice 22-08

Walter Fallows
N/A

I oppose FINRA's limitations on my ability to buy leveraged and inverse funds. These are public funds, but proposed limitations on my ability to buy and sell these instruments will make them available only to a select group.

I have used these types of instruments for many years as a hedge in my portfolio. I am certainly able, and motivated to understand risks and upsides to leveraged and inverse funds.

As we enter an inflationary time for our economy, I am using inverse funds in my Roth to enhance the total value and as a hedge against flagging mutual funds / individual securities due to the fed increasing interest rates.

I should be able to invest in any public investment without having to hurdle a mine field of "special abilities", be they financially or knowledge based.