I want to express that I oppose any additional regulation on my ability to invest in leveraged ETFs. My investment company, Fidelity Investments, already has a screen to limit investors options in investing based on their investment experience. I also had to sign additional documents with them stating I knew the risk of leveraged funds. I have invested in leveraged funds for over 10 years. I know the risk as does most who invest in these type securities. No need for more regulation.
Charles Hebert Comment On Regulatory Notice 22-08
I want to express that I oppose any additional regulation on my ability to invest in leveraged ETFs. My investment company, Fidelity Investments, already has a screen to limit investors options in investing based on their investment experience. I also had to sign additional documents with them stating I knew the risk of leveraged funds. I have invested in leveraged funds for over 10 years. I know the risk as does most who invest in these type securities. No need for more regulation.