As a retail investor who does my own homework, I don’t need more regulation from a nongovernmental organization. Using inverse ETFs when I deem them appropriate has helped my retirement funds gain 9% YTD, whereas commonly traded ETFs like SPY, QQQ, and TLT are down 12-20% YTD. Perhaps you’d first like to explain to the Fed that inflation is not “transitory”? Or perhaps explain to them the dangers to our financial system caused by modern monetary theory, unlimited printing of money out of thin air, or the risks of destroying the US dollar as the world’s reserve currency?
Erik Bernstein Comment On Regulatory Notice 22-08
As a retail investor who does my own homework, I don’t need more regulation from a nongovernmental organization. Using inverse ETFs when I deem them appropriate has helped my retirement funds gain 9% YTD, whereas commonly traded ETFs like SPY, QQQ, and TLT are down 12-20% YTD. Perhaps you’d first like to explain to the Fed that inflation is not “transitory”? Or perhaps explain to them the dangers to our financial system caused by modern monetary theory, unlimited printing of money out of thin air, or the risks of destroying the US dollar as the world’s reserve currency?