Inverse and leveraged ETF's provide a valuable vehicle for knowledgeable investors. Eliminating these products does not make the investment landscape any safer. On the contrary, limiting these investment options will reduce the ability of investors to hedge or make profits from falling asset prices. I do not want, or need, some government dork to protect me from myself. Please make greater efforts to prevent, or at least pursue. the next Bernie Madoff (something the government failed at spectacularly despite being handed evidence on a plate). Investors do not want fewer options, they want a reputable marketplace.
Peter Mullen Comment On Regulatory Notice 22-08
Inverse and leveraged ETF's provide a valuable vehicle for knowledgeable investors. Eliminating these products does not make the investment landscape any safer. On the contrary, limiting these investment options will reduce the ability of investors to hedge or make profits from falling asset prices. I do not want, or need, some government dork to protect me from myself. Please make greater efforts to prevent, or at least pursue. the next Bernie Madoff (something the government failed at spectacularly despite being handed evidence on a plate). Investors do not want fewer options, they want a reputable marketplace.