Joseph Lombardi Comment On Regulatory Notice 22-08
Joseph Lombardi
N/A
Comments: I am NOT in favor of limiting access to leveraged and inverse ETFS. I feel that they provide a substantial level of reasonably priced financial access to both downside protection and upside appreciation, when used responsibly, that is not available in any other investment product. Options can provide similar financial access to these parameters, but can be much more expensive to employ by the average investor. Thank you.
Joseph Lombardi Comment On Regulatory Notice 22-08
Comments: I am NOT in favor of limiting access to leveraged and inverse ETFS. I feel that they provide a substantial level of reasonably priced financial access to both downside protection and upside appreciation, when used responsibly, that is not available in any other investment product. Options can provide similar financial access to these parameters, but can be much more expensive to employ by the average investor. Thank you.