Ed Julian Comment On Regulatory Notice 22-08
Comments: Since the time that humans had a path to follow or street to cross, there has been an element of risk in so doing. Saber-toothed cats, banditos, darkness, wrong turns, errant drivers, psychopaths, malevolent humans and natural calamities all posed a risk to a successful journey. Those alerted to the risks generally navigated, while those not so, were either lucky, or not. Personally, I see no problem with Direxion leveraged funds; as long as, manipulation of the funds by Direxion or any entity connected with it, in any way, be it corporate, club, or family.