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Benjamin McGraw Comment On Regulatory Notice 22-08

Benjamin McGraw
N/A

I've used leveraged and inverse ETFs for decades now with no issues and I strongly oppose restriction of their use. If you are going to start choosing what public investments can and can not be made by individual investors, you will have to lay out a clear rationale for each decision and that will highly likely be perceived as arbitrary leading to multiple issues for you. If your goal is to restrict shorting, you are just setting yourself up for massive legal battles. If your concern is truly protecting investors, there are far better targets than inverse ETFs.