Michael Niemiec Comment On Regulatory Notice 22-08
Michael Niemiec
N/A
Frankly, I find this federal overreach. This regulation would be taking away my ability to hedge long positions in my portfolio with leveraged short positions, thus allowing me to reduce execution costs, margin costs etc. Frankly it also props up the buy side dealers in their offering of more expensive hedging products. These types of ETF's are a simple way to hedge and do not need any additional regulation. Not to mention that the regulation is, I suspect intentionally vague. A BAD IDEA!!!!
Michael Niemiec Comment On Regulatory Notice 22-08
Frankly, I find this federal overreach. This regulation would be taking away my ability to hedge long positions in my portfolio with leveraged short positions, thus allowing me to reduce execution costs, margin costs etc. Frankly it also props up the buy side dealers in their offering of more expensive hedging products. These types of ETF's are a simple way to hedge and do not need any additional regulation. Not to mention that the regulation is, I suspect intentionally vague. A BAD IDEA!!!!