Dietmar Scherf Comment On Regulatory Notice 22-08
Comments: As a private investor I have utilized ETFs for about 20 years and leveraged/inverse investment vehicles for approx. 12 years or so. These vehicles (specifically leveraged/inverse ETFs/ETNs) have been extremely helpful to enhance the profitability of my investment portfolio/strategy resulting in protecting my investments when these vehicles are used as hedge instruments, and in trading to generate additional profits (incl. short-term profits) when markets, a commodity, a sector, etc. show greater volatility and tend to move stronger in one or the other direction.