I oppose restrictions to invest in leveraged and inverse funds and ETFs. I have an MBA in finance and understand how the inverse and leveraged fumnds work. Inverse funds are an important part of my investment process when the market is trending down. I use leveraged funds in strong uptrends and in strong downtrends. I am currently using leveraged inverse funds as a hedge to my long investments.
Ken Maxfield Comment On Regulatory Notice 22-08
I oppose restrictions to invest in leveraged and inverse funds and ETFs. I have an MBA in finance and understand how the inverse and leveraged fumnds work. Inverse funds are an important part of my investment process when the market is trending down. I use leveraged funds in strong uptrends and in strong downtrends. I am currently using leveraged inverse funds as a hedge to my long investments.