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Yucel Kahraman Comment On Regulatory Notice 22-08

Yucel Kahraman
N/A

After investing for a little over 10 years, my most successful years are when I started investing in leveraged ETFs. Eliminating the leveraged ETFs from the choices of investment vehicles is the wrong decision. Yes, leveraged ETFs are volatile, but so are individual securities, mutual funds, and options. I understand the volatility when I invest in them and assume the risk myself. Investing in individual stocks can be a risky investment as well.

I feel strongly that the SEC proposed regulation of removing leveraged ETFs from small investors is a bad regulation. It is like pulling the carpet out from under our feet. It will push small investors like me out of the stock market.