Michael Carroll Comment On Regulatory Notice 22-08
Michael Carroll
N/A
Leveraged funds are diversified to begin with offsetting risk. If folks want to lever them 2x or 3x that's still far less risky than buying an individual stock. Given other issues in the markets it's baffling regulators are focus on funds and not out of the money options or crypto as real issues that can affect investors who aren't as experiences. As a former professional trader, this is backwards and not focused on the greater good, I don't know what it is focused on honestly.
Michael Carroll Comment On Regulatory Notice 22-08
Leveraged funds are diversified to begin with offsetting risk. If folks want to lever them 2x or 3x that's still far less risky than buying an individual stock. Given other issues in the markets it's baffling regulators are focus on funds and not out of the money options or crypto as real issues that can affect investors who aren't as experiences. As a former professional trader, this is backwards and not focused on the greater good, I don't know what it is focused on honestly.