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Mike S Comment On Regulatory Notice 22-08

The leveraged ETF's are a way for the little guy to make money. One of the big advantages that Wall St. has over the little guy is a plethora of capital at their disposal. The little guy invests with the little extra savings from their paychecks or bonuses. It's almost impossible to build wealth with the little extra savings most Americans accumulate each year. The old saying used to be..."It takes money to make money". Leveraged ETF's has changed that.

Manish Punjabi Comment On Regulatory Notice 22-08

I oppose the proposed restrictions on leveraged and inverse funds. I am already an accredited investor and my use of leveraged funds make up only a tiny portion of my net worth. I understand the risks and see no reason to restrict access to these and other products. They are already inherently less risky than other readily available products like options, crypto, certain poorly run private opportunities, etc. Let people decide for themselves, we already know there are risks and can choose to make decisions for ourselves. Thanks.

Gregg Butler Comment On Regulatory Notice 22-08

I am strongly opposed to any new regulations that would hinder an investor's ability to navigate today's complex markets. Tools such as leveraged and inverse funds are critical to the ability to hedge a portfolio. In fact, I find the existing rules to be somewhat arbitrary and onerous.

More regulation does not help the individual investor but rather, undermines their ability to mitigate risk and serves only the interests of large incumbent institutions.