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Devon Sherwood Comment On Regulatory Notice 22-08

Devon Sherwood
N/A

To Whom It May Concern,

Leveraged funds provide the opportunity for growth with limited downside for investors. While more volatile, the risk/return ratio for a triple leveraged S&P fund would be close to the same as a regular index fund. There is risk in any investment. With leveraged etfs, your investment is more diversified than investing in individual securities. Please keep the free market free! As long as there is no fraud and no one is being preyed upon, you should be able to make investment choices on your own.