Hello, this brief note is to ask regulators not to restrict access to leveraged and inverse etfs. As a woman in her mid 30s with a long investment horizon these vehicles are an essential part of my strategy. Im prepared for larger drawdowns and more volatility, both risks that my broker emphasizes when buying these etfs. I believe that brokers do an appropriate job of warning their customers about the risks associated with leverage, and I prefer to use a leveraged ETF rather than borrowing on margin to secure leverage, which is even riskier. Thank you for your time!
Alex Harmon Comment On Regulatory Notice 22-08
Hello, this brief note is to ask regulators not to restrict access to leveraged and inverse etfs. As a woman in her mid 30s with a long investment horizon these vehicles are an essential part of my strategy. Im prepared for larger drawdowns and more volatility, both risks that my broker emphasizes when buying these etfs. I believe that brokers do an appropriate job of warning their customers about the risks associated with leverage, and I prefer to use a leveraged ETF rather than borrowing on margin to secure leverage, which is even riskier. Thank you for your time!