Michael Sciortino Comment On Regulatory Notice 22-08
Michael Sciortino
N/A
This makes absolutely no sense to limit and create such a hurdle regarding leveraged and inverse funds. Investments have risks associated with them, and the funds' and ETFs' prospectuses clearly show and demonstrate the risks associated to them. There is no difference than buying a regular fund on margin to mimic the leveraged return. Let investors invest how we'd like.
Michael Sciortino Comment On Regulatory Notice 22-08
This makes absolutely no sense to limit and create such a hurdle regarding leveraged and inverse funds. Investments have risks associated with them, and the funds' and ETFs' prospectuses clearly show and demonstrate the risks associated to them. There is no difference than buying a regular fund on margin to mimic the leveraged return. Let investors invest how we'd like.