Charles Hill Comment On Regulatory Notice 22-08
Why would you prevent me from making investments of my own choosing. Markets go up and down. Inverse ETFs provide a way for my self-directed IRA to make gains when the market is going down. This year alone, my IRA is up while the general market (s&p, Nasdaq, Russel) are down. I couldn't have that performance without using inverse ETFs. I understand the risk of inverse and leveraged ETFs but also only invest a smaller percentage of my portfolio in such instruments.