I have regularly invested in leveraged funds, both positive and negative. I have found these to be a good source of capital gains over the years. please do not restrict my ability to invest in these instruments by putting roadblocks in the way. understand the risk in leveraged and inverse funds and do not need to be protected. I would rather you spend your time figuring out a way to reduce the time it takes to clear buys and sells to zero days. In today's computerized world, surely this is possible.
Richard Stauts Comment On Regulatory Notice 22-08
I have regularly invested in leveraged funds, both positive and negative. I have found these to be a good source of capital gains over the years. please do not restrict my ability to invest in these instruments by putting roadblocks in the way. understand the risk in leveraged and inverse funds and do not need to be protected. I would rather you spend your time figuring out a way to reduce the time it takes to clear buys and sells to zero days. In today's computerized world, surely this is possible.