Ladies and gentlemen, I urge you to not amend the rules regarding complex investment products like leveraged and inverse ETFs. I am an individual retail investor for whom these products are a necessary tool to manage risk in my portfolio. Many investors use them to hedge.
There exists many safeguards to prevent rampant speculation, and the rules in place as well as the efforts of retail broker dealers are working.
Please feel free to contact me if you wish to discuss my personal situation and opinion regarding this proposed rule change.
Owen Matthews Comment On Regulatory Notice 22-08
Ladies and gentlemen, I urge you to not amend the rules regarding complex investment products like leveraged and inverse ETFs. I am an individual retail investor for whom these products are a necessary tool to manage risk in my portfolio. Many investors use them to hedge.
There exists many safeguards to prevent rampant speculation, and the rules in place as well as the efforts of retail broker dealers are working.
Please feel free to contact me if you wish to discuss my personal situation and opinion regarding this proposed rule change.
Respectfully submitted,
Owen Matthews