Forcing leveraged funds to only have a 1 day holding period is only hurting retail traders and is very indicative of the biased stance that the SEC chair is taking towards the average joe investor. Gimping and neutering many valid strategies around leveraged funds only benefit financial advisors and investment firms at the expense of the retail investor.
Bobby Comment On Regulatory Notice 22-08
Forcing leveraged funds to only have a 1 day holding period is only hurting retail traders and is very indicative of the biased stance that the SEC chair is taking towards the average joe investor. Gimping and neutering many valid strategies around leveraged funds only benefit financial advisors and investment firms at the expense of the retail investor.