We are capable of understanding the complexities of leveraged funds and have a need to use these products on a daily basis to meet our goals. We do this with full understanding. If we were being coerced by a broker to engage in one of these funds or ETFs it might be a different issue. Please do not regulate or remove our ability to protect against losses with leveraged funds. It is much easier to do this way instead of using options.
Jason Haslam Comment On Regulatory Notice 22-08
We are capable of understanding the complexities of leveraged funds and have a need to use these products on a daily basis to meet our goals. We do this with full understanding. If we were being coerced by a broker to engage in one of these funds or ETFs it might be a different issue. Please do not regulate or remove our ability to protect against losses with leveraged funds. It is much easier to do this way instead of using options.