Leveraged funds have been an important part of my investment strategy for many years. I use them to easily increase market exposure during the many months of market up trends, to seek enhanced returns, and to decrease exposure when the market is overpriced and during downtrends. I am very capable of understanding leveraged and inverse funds and their risks. I do not need or want any additional regulations imposed on me and the use of these funds.
John Hickman Comment On Regulatory Notice 22-08
Leveraged funds have been an important part of my investment strategy for many years. I use them to easily increase market exposure during the many months of market up trends, to seek enhanced returns, and to decrease exposure when the market is overpriced and during downtrends. I am very capable of understanding leveraged and inverse funds and their risks. I do not need or want any additional regulations imposed on me and the use of these funds.