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Russell Hutchison Comment On Regulatory Notice 22-08

Russell Hutchison
N/A

Dear Sirs: I am writing to express my opinion that existing investor access to leveraged ETFs should be maintained. These investments are straightforward (leverage 1X, 2X, 3X, etc.) and every investor must understand that risk is inherent with these investments. As with any other investment. I consider leveraged ETFs to be much less risky than US traded Chinese stocks. The Chinese Variable Interest Entity (VIE) structure is highly risky and should be made illegal I believe. Please leave leveraged ETFs along, and ban all US traded Chinese stocks from trading on US stock exchanges.