Yehuda Fishkind Comment On Regulatory Notice 22-08
Yehuda Fishkind
N/A
Please do not limit the ability for investors to capitalize on and benefit from downward movements in various assets. For example, any rational investor would foresee (as I have) a rise in interest rates, and would predict a decline in the value of bonds. Since I had a strong conviction this way, I enjoyed the wonderful positive returns from a 2x negative fund, TBT. Please do not limit the ability for retail investors to express positions in strong ways, like ETF's that amplify the daily movement of assets - up or down. You can impose any warning label you want; just please do not take away tools available to retail investors.
Yehuda Fishkind Comment On Regulatory Notice 22-08
Please do not limit the ability for investors to capitalize on and benefit from downward movements in various assets. For example, any rational investor would foresee (as I have) a rise in interest rates, and would predict a decline in the value of bonds. Since I had a strong conviction this way, I enjoyed the wonderful positive returns from a 2x negative fund, TBT. Please do not limit the ability for retail investors to express positions in strong ways, like ETF's that amplify the daily movement of assets - up or down. You can impose any warning label you want; just please do not take away tools available to retail investors.