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Nicholas Bonse Comment On Regulatory Notice 22-08

Nicholas Bonse
N/A

It is grossly unfair to only allow access to these products to large money players. Leveraged funds compromise less than 2% of my active holdings, but are useful in capitalizing on upswings that occur after large selloffs (such as the COVID selloff in March-April of 2020). When the markets enter a period of distress we should be allowed to buy the dip as aggressively as I wish. All the money I invest is at risk of being lost whether it is in a leveraged index fund or a standard index fund and no amount of micromanagement will change that. Because of this reality I only invest money that is leftover once my monthly expenses are covered. I do not get involved in your household finances and I respectfully ask that you lend me that same courtesy.