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Donald Gladding Comment On Regulatory Notice 22-08

Donald Gladding
N/A

The proposed regulations by FINRA would be have extremally detrimental effects on liquidity of trading of Inverse and leveraged ETFs. As any investor leveraged ETF knows, these are trading instruments, and provide easy access for individuals to take advantage of Market volatility, much more so than options or futures. Inverse ETFs are very useful in hedging long equity positions, providing portfolio stability when major Wall St. firms are actively manipulating Markets. To impose ANY restrictions would place individuals at a disadvantage to Wall St and Hedge funds exaggerating Market swings.