Michael Lee Comment On Regulatory Notice 22-08
Dear Sirs,
I do not want or need regulators to impose restrictions on my ability to use leveraged and inverse funds to support my investment strategies. I understand complexity and risks involved with such investments and have used them successfully.
I have been inviting in the market for 20 some years now. I use them exclusively to enhance my returns. In addition, I only use them when my research has shown me that the market is sustainable for their use. They are only a limited part of my investment portfolio.