To whomever this may concern,
Leverage in small amounts (2x or less) coupled with dollar cost averaging has been shown to increase returns without a corresponding increase in risk. Ian Ayres (http://lifecycleinvesting.net/) has written extensively about this topic in both books and peer-reviewed literature. I feel strongly that there is room in the index fund market to make this automatic and increase everyone's ability to retire with enough money. With inflation at all time highs, this has become increasingly important. Restricting this area while there are already so few people invested in it will also restrict innovation and the number of people who can benefit from these ideas. Please do not add more regulation in this area and let everyone invest how they see fit.
Richard Whalen Comment On Regulatory Notice 22-08
To whomever this may concern,
Leverage in small amounts (2x or less) coupled with dollar cost averaging has been shown to increase returns without a corresponding increase in risk. Ian Ayres (http://lifecycleinvesting.net/) has written extensively about this topic in both books and peer-reviewed literature. I feel strongly that there is room in the index fund market to make this automatic and increase everyone's ability to retire with enough money. With inflation at all time highs, this has become increasingly important. Restricting this area while there are already so few people invested in it will also restrict innovation and the number of people who can benefit from these ideas. Please do not add more regulation in this area and let everyone invest how they see fit.