Malcolm Cutchin Comment On Regulatory Notice 22-08
Malcolm Cutchin
N/A
I use leveraged funds to hedge my accounts in volatile markets. They are a particularly efficient and inexpensive way to do that in a short-term way. Regulations make short-selling as a hedge very difficult and cumbersome; the ability to access leveraged ETFs levels the playing field for retail investors who do not use brokers. I understand the risks and decay of the instruments, but those are minimal when used as short term hedges. If one can buy options, why not leveraged ETFs? I really want to maintain the freedom of access to such ETFs.
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Malcolm Cutchin Comment On Regulatory Notice 22-08
I use leveraged funds to hedge my accounts in volatile markets. They are a particularly efficient and inexpensive way to do that in a short-term way. Regulations make short-selling as a hedge very difficult and cumbersome; the ability to access leveraged ETFs levels the playing field for retail investors who do not use brokers. I understand the risks and decay of the instruments, but those are minimal when used as short term hedges. If one can buy options, why not leveraged ETFs? I really want to maintain the freedom of access to such ETFs.