Please don't end or restrict our access to leveraged and inverse etf's. These etf's constitute an important part of many of our portfolios. Would you be making these changes because of perceived risk? These funds are FAR less risky than buying and selling options. Let us determine what investments are appropriate for us and our unique circumstances. Restricting these to an elite few would be undemocratic. I'm growing tired of those in authority thinking they know what is better for us than we do. Adequate disclosure is the answer in this case.
Mark France Comment On Regulatory Notice 22-08
Please don't end or restrict our access to leveraged and inverse etf's. These etf's constitute an important part of many of our portfolios. Would you be making these changes because of perceived risk? These funds are FAR less risky than buying and selling options. Let us determine what investments are appropriate for us and our unique circumstances. Restricting these to an elite few would be undemocratic. I'm growing tired of those in authority thinking they know what is better for us than we do. Adequate disclosure is the answer in this case.