Dear FINRA officers: I am a small individual stock/ETF investor, and I would like to share my opinion with you about the opportunities to trade ETFs, including those leverage and inverse funds such as my favorites: TQQQ and SQQQ, etc. Both of my funds and experiences are limited, but I still benefited from trading ETFs in the market. I understand the risks it may involve in trading, and I don't see anything particularly different between, say, QQQ vs. TQQQ/SQQQ. They all involve some risks, and I know I must be responsible for the resulting risk. On top of that, I really benefited from the availability of those ETFs. I hope I can continue to benefit from trading / investing those ETFs. They have helped me not only to improve the returns, but also reduce the risks. Thank you very much for your considerations to allow us to continue to benefit from those public investment vehicles.
Yaya Liu Comment On Regulatory Notice 22-08
Dear FINRA officers: I am a small individual stock/ETF investor, and I would like to share my opinion with you about the opportunities to trade ETFs, including those leverage and inverse funds such as my favorites: TQQQ and SQQQ, etc. Both of my funds and experiences are limited, but I still benefited from trading ETFs in the market. I understand the risks it may involve in trading, and I don't see anything particularly different between, say, QQQ vs. TQQQ/SQQQ. They all involve some risks, and I know I must be responsible for the resulting risk. On top of that, I really benefited from the availability of those ETFs. I hope I can continue to benefit from trading / investing those ETFs. They have helped me not only to improve the returns, but also reduce the risks. Thank you very much for your considerations to allow us to continue to benefit from those public investment vehicles.