it is obvious that we all should be allowed to use leveraged inverse funds when the market is going against normal investing methods. the government allows us to deduct losses, but only a small amount on taxes at a time unless offsetting earnings. they only want to participate on the upside, so we need a device to use to make gains on the upside in a down market. Thank you for your consideration in this matter....
Calvin Lackore Comment On Regulatory Notice 22-08
it is obvious that we all should be allowed to use leveraged inverse funds when the market is going against normal investing methods. the government allows us to deduct losses, but only a small amount on taxes at a time unless offsetting earnings. they only want to participate on the upside, so we need a device to use to make gains on the upside in a down market. Thank you for your consideration in this matter....