The leverage of some of these funds is strong and they enable hedging portfolios without triggering large long-term capital gains , thereby adding stability to the markets.
Also, they allow the investor a less expensive alternative to utilizing options with large time premiums. I think these funds serve a valuable purpose for investors at any level. I believe everyone should be able to utilize these types of funds. I believe any restrictions on individuals would also put that portion of the investing public at a disadvantage compared to those who have the ability to use these inverse and leveraged funds. I Thank you for your consideration in this matter. If you have any questions, please feel free to reach out to me.
John Vardavas Comment On Regulatory Notice 22-08
The leverage of some of these funds is strong and they enable hedging portfolios without triggering large long-term capital gains , thereby adding stability to the markets.
Also, they allow the investor a less expensive alternative to utilizing options with large time premiums. I think these funds serve a valuable purpose for investors at any level. I believe everyone should be able to utilize these types of funds. I believe any restrictions on individuals would also put that portion of the investing public at a disadvantage compared to those who have the ability to use these inverse and leveraged funds. I Thank you for your consideration in this matter. If you have any questions, please feel free to reach out to me.