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Andrew StClair Comment On Regulatory Notice 22-08

Andrew StClair
N/A

Inverse funds are important protection for downside risk in my IRA Account. If were not for the instruments I would have had to go cash instead of going delta neutral and still collect blue chip dividends. The result is I had good 1st Q 22 not bad for an average Joe. It pains to think you going thru this exercise again. In 2006 I got scared out my hedges by this same scrutiny and suffered heavy losses in GFC that Occurred after.
The 3 pages of warning I get from my broker every time I place a trade provide plenty of information to make an informed decision.. Your timing has me has wondering just who your trying to protect. Please don't let it happen again.