Large hedge funds, investment banks, the very wealthy have the means to create their own leveraged and inverse investments. By eliminating leveraged and inverse ETF's for the public, regulators would merely be creating another avenue by which the wealthy remain and grow more wealthy and the common investor is barred from that same wealth creating opportunity. Is that the underlying objective of such regulation? Leveraged ETF's have been my most successful investment vehicle, we the public can evaluate the risks, don't deny or unduly encumber our access to opportunities the wealthy enjoy via leveraged and inverse investments.
Marv Adams Comment On Regulatory Notice 22-08
Large hedge funds, investment banks, the very wealthy have the means to create their own leveraged and inverse investments. By eliminating leveraged and inverse ETF's for the public, regulators would merely be creating another avenue by which the wealthy remain and grow more wealthy and the common investor is barred from that same wealth creating opportunity. Is that the underlying objective of such regulation? Leveraged ETF's have been my most successful investment vehicle, we the public can evaluate the risks, don't deny or unduly encumber our access to opportunities the wealthy enjoy via leveraged and inverse investments.