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James Anderson Comment On Regulatory Notice 22-08

James Anderson
N/A

I invest in leveraged funds, and I am completely against this proposal. Specifically, I combine the leveraged funds with the non-leveraged versions of the same targeted index to achieve my desired level of leverage. While my returns obviously lag the index in adverse market conditions, I vastly outperform the market in up periods. I never use the inverse funds, but I always incorporate the leveraged long funds (specifically TQQQ and UPRO) into my investment plan, and would most definitely be negatively affected by this proposed rule.