I have an investment/finance degree and have managed investments for numerous years including stocks, bonds, options, futures contracts, etfs, leveraged etfs and inverse leveraged etfs. I do understand risks involved with leveraged and inverse funds and accept those risks. By limiting investment transactions through this regulation WILL take away market efficiency. By taking away market efficiency, asset valuations will go to more extreme (high or low) levels before retracing back to a correct valuation at that moment in time. I am against this regulation!
Mark Linebaugh Comment On Regulatory Notice 22-08
I have an investment/finance degree and have managed investments for numerous years including stocks, bonds, options, futures contracts, etfs, leveraged etfs and inverse leveraged etfs. I do understand risks involved with leveraged and inverse funds and accept those risks. By limiting investment transactions through this regulation WILL take away market efficiency. By taking away market efficiency, asset valuations will go to more extreme (high or low) levels before retracing back to a correct valuation at that moment in time. I am against this regulation!