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William Trigleth Comment On Regulatory Notice 22-08

William Trigleth
N/A

Dear FINRA Regulators,

I wish to weigh in on the deliberations regarding leveraged ETFs and complex products. As a retail investor who is managing my own portfolio, these products provide significant flexibility and opportunity to appropriately manage both reward risk related to market volatility. Additionally, when constructing a portfolio or adjusting it based on economic assumptions and project market responses, leveraged products allow one to commit less cash when establishing a position based on these directional assumptions. Experienced retail investors do not need your oversight, or your restrictions in accessing these important tools. Retail investors are already disadvantaged enough without you carving out the very same tools professional asset managers are using to gain advantage over the small investor. Please ignore the self serving proponents of this proposed restriction offered insincerely under the pretense of protecting retail investors from themselves!