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Leonard Riches Comment On Regulatory Notice 22-08

The right of investors to elect to put their hard earned money into inverse or leveraged ETFs should not be impeded through regulation. The issuers of the ETFs should be required to provide sufficient information to the investor regarding the potential risks of an investment in their ETF; however, the final decision should be up to the individual investor. Cryptocurrencies, lotteries and casino gaming pose a much greater risk to the loss of the initial "investment"; however, those are not regulated, except for by age.

Kevin Chapman Comment On Regulatory Notice 22-08

Please do not regulate levered ETFs more than already existing regulations. These would just cause higher expenses to existing brokers to ensure that the paperwork is accurate. I think the increase of options trading has added to market volatility not the levered ETFs. These provide a great way for active traders to express their investment views day to day. I believe current regulations are enough.

Steven Mesibov Comment On Regulatory Notice 22-08

I am saddened to hear that regulators are considering adding more regulations to an already extremely regulated industry. I understand that investing is an inherently risky undertaking and certain regulations are needed to level the playing field, but having the regulators being the all knowing Nanny for what I can and can't invest in, is a bridge too far. Make the risks known, keep the players honest, but then let the free market system operate. You ARE NOT called to protect everyone from everything.