I strongly oppose any restrictions on the trading of any of the fund types in the notice particularly leveraged and inverse ETFs or ETNs involving indices or volatility. Risks are clearly laid out in the prospectus. Not the governments job to restrict the freedom to invest in these products in order to protect people who cant be bothered to read the prospectus and then get burned by risks clearly outlined in said prospectus. Volatility linked funds are a core part of my investment strategy and the particular type of volatility exposure I get through them cannot be replicated by trading VIX options so any change in the ability to trade them would be very problematic for my investment strategy.
Andrew Siena Comment On Regulatory Notice 22-08
I strongly oppose any restrictions on the trading of any of the fund types in the notice particularly leveraged and inverse ETFs or ETNs involving indices or volatility. Risks are clearly laid out in the prospectus. Not the governments job to restrict the freedom to invest in these products in order to protect people who cant be bothered to read the prospectus and then get burned by risks clearly outlined in said prospectus. Volatility linked funds are a core part of my investment strategy and the particular type of volatility exposure I get through them cannot be replicated by trading VIX options so any change in the ability to trade them would be very problematic for my investment strategy.