Dhrushil Badani Comment On Regulatory Notice 22-08
Dhrushil Badani
N/A
Hi, please do not restrict leveraged ETFs. They are a powerful tool for retail investors to get leveraged exposure, without having to go through margin, options, futures etc.
- I should be able to choose the public investments that are right for me
- I shouldn't have to go through any special process like passing a test before you can invest in leveraged funds.
- I am capable of understanding the risks associated with these funds & taking wise financial decisions.
- Leveraged funds are especially important to me, as they allow me to follow Lifecycle Investing principles, which suggest one should use leverage when they are young: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1149340
Barring the people from accessing these funds will only route them to riskier investment strategies such as options. So, please do not restrict them.
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Dhrushil Badani Comment On Regulatory Notice 22-08
Hi, please do not restrict leveraged ETFs. They are a powerful tool for retail investors to get leveraged exposure, without having to go through margin, options, futures etc.
- I should be able to choose the public investments that are right for me
- I shouldn't have to go through any special process like passing a test before you can invest in leveraged funds.
- I am capable of understanding the risks associated with these funds & taking wise financial decisions.
- Leveraged funds are especially important to me, as they allow me to follow Lifecycle Investing principles, which suggest one should use leverage when they are young: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1149340
Barring the people from accessing these funds will only route them to riskier investment strategies such as options. So, please do not restrict them.
Thanks!