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Philip McMahill Comment On Regulatory Notice 22-08

Philip McMahill
N/A

I have been trading in inverse funds for many years. They are an important part of my portfolio. They can counter the downturns and bring a sense of balance to the financial markets. They reflect the TRUTH of poorly performing entities. Unfortunately, corporate buy backs and short squeezes are the real villains affecting true market valuations, not leveraged and inverse funds. It would be a travesty to target the wrong investment tools that reflect a fair market!!!