Please do now impose on our/my ability to use leverged and/or inverse funds. These play important role in my investment strategies and some of us are unable to trade futures, so they are the only entity we have to trade in a leveraged fashion. I understand the risk involved and a believe that most that do trade inverse and leveraged funds also have that understanding. I'm sure some don't, but that is just foolish and we shouldn't limit the many that do because of a few that don't.
Michael Key Comment On Regulatory Notice 22-08
Please do now impose on our/my ability to use leverged and/or inverse funds. These play important role in my investment strategies and some of us are unable to trade futures, so they are the only entity we have to trade in a leveraged fashion. I understand the risk involved and a believe that most that do trade inverse and leveraged funds also have that understanding. I'm sure some don't, but that is just foolish and we shouldn't limit the many that do because of a few that don't.