Leveraged and inverse funds are important to my investing. I am able to enhance my returns in this market. In turn, this allows me to take reduced risks in the "main" portion of my portfolio, especially to wait in cash until this market bottoms out or settles out. having some sort of imposed "cooling off" period may not allow me to take advantage of market conditions. This aspect I am highly opposed. Just as I see leveraged and inverse funds to NOT be a "set it and forget it" investing instruments, they also need to be readily available to take advantage of no-notice market conditions. Please don't make it harder for me to invest my funds. Thanks so much.
David Mao Comment On Regulatory Notice 22-08
Leveraged and inverse funds are important to my investing. I am able to enhance my returns in this market. In turn, this allows me to take reduced risks in the "main" portion of my portfolio, especially to wait in cash until this market bottoms out or settles out. having some sort of imposed "cooling off" period may not allow me to take advantage of market conditions. This aspect I am highly opposed. Just as I see leveraged and inverse funds to NOT be a "set it and forget it" investing instruments, they also need to be readily available to take advantage of no-notice market conditions. Please don't make it harder for me to invest my funds. Thanks so much.