Hello, I run a quarterly rebalancing plan for my retirement that relies in part on leveraged ETFs. I have been using this system for several years now, but following its evolution for over a decade. The system is run by investor/author Jason Kelly and it's called the 3% Signal: https://jasonkelly.com/books/3sig/
Removing my access to leveraged ETFs because I don't have a $1 Million in funds or special broker permission would unfairly prevent me from using the above system. I'm not engaged in day trading, and I understand the risks of magnification and decay of leveraged products. I'm able to use this magnification to my advantage in a time-tested program with proven results.
Please don't remove my access to leveraged funds because of the ignorance of people who can't read a prospectus.
Robert Buckles Comment On Regulatory Notice 22-08
Hello, I run a quarterly rebalancing plan for my retirement that relies in part on leveraged ETFs. I have been using this system for several years now, but following its evolution for over a decade. The system is run by investor/author Jason Kelly and it's called the 3% Signal: https://jasonkelly.com/books/3sig/
Removing my access to leveraged ETFs because I don't have a $1 Million in funds or special broker permission would unfairly prevent me from using the above system. I'm not engaged in day trading, and I understand the risks of magnification and decay of leveraged products. I'm able to use this magnification to my advantage in a time-tested program with proven results.
Please don't remove my access to leveraged funds because of the ignorance of people who can't read a prospectus.
Thank you for your consideration!
Rob Buckles