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James Tom Comment On Regulatory Notice 22-08

James Tom
N/A

I oppose having restrictions placed on leveraged ETF;s for the following reasons: 1. There are many individual securities (stocks and funds) that are more volatile than leveraged ETFs 2, Volatility is not risk and more meaningful is the trend of its moving average. e. Volatility provide investors an opportunity to achieve their objective in a shorter time period. Rather than impose restrictions to limit investors from being able to make timely transactions, regulators should provide suggestions or guidance on the use and benefits of leveraged ETFs. Of leave it to financial editors and fund managers to provide information of leveraged EETFs such as by the recent article dated May 6, 2022, entitled Is TQQQ ETF a Better Long-term or Short-term Investment? ( https://seekingalpha.com/article/4507513-tqqq-etf-better-long-term-or-short-term-investment?mailingid=27619693&messageid=2800&serial=27619693.1712&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=27619693.1712 ).