As a research-active Associate Professor of Finance with several publications on ETFs, this is an absolute travesty. There is no substantial evidence in the reduced public welfare due to access to the leveraged vehicles given sufficient and pervasive disclosure of their risks. This is an example of a regulatory overreach harming retail investors and benefitting entrenched industry interests and as such should not be allowed to proceed. I will be contacting my Congress representatives.
Arsenio Staer Comment On Regulatory Notice 22-08
As a research-active Associate Professor of Finance with several publications on ETFs, this is an absolute travesty. There is no substantial evidence in the reduced public welfare due to access to the leveraged vehicles given sufficient and pervasive disclosure of their risks. This is an example of a regulatory overreach harming retail investors and benefitting entrenched industry interests and as such should not be allowed to proceed. I will be contacting my Congress representatives.
Thank you,
Arsenio Staer, PhD