I am opposed to adoption of Rule #22-08. I am not a big time investor, but I invest consistently and I think wisely using Proshares leveraged ETFs among others. I understand the long term risk of investing in these ETFs and usually do so for the very short term, I believe my participation makes for a more liquid market which I believe is the reason this country operates a capitalistic system, In contrast what the proposed rule does is make markets less liquid and excludes me from potential profit or losses which I see as my [REDACTED] given right to exercise in a free country. Please do not adopt Rule 22-08.
Alan Stein Comment On Regulatory Notice 22-08
I am opposed to adoption of Rule #22-08. I am not a big time investor, but I invest consistently and I think wisely using Proshares leveraged ETFs among others. I understand the long term risk of investing in these ETFs and usually do so for the very short term, I believe my participation makes for a more liquid market which I believe is the reason this country operates a capitalistic system, In contrast what the proposed rule does is make markets less liquid and excludes me from potential profit or losses which I see as my [REDACTED] given right to exercise in a free country. Please do not adopt Rule 22-08.