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Paul Rice Comment On Regulatory Notice 22-08

Paul Rice
N/A

Levered ETFs are a critical part of my investment methodology. They allow me to take advantage of short term trading opportunities, and do not represent core long-term investment holdings. Additionally they generate returns that are meaningful with limited capital, something I can't do without leverage. The current disclosures and warnings provided by brokerages when a trade for a levered product is submitted are more than adequate.