Hi, I use SSO (2x S and P 500) as a long term hold of 3-4% of my portfolio. I would never panic sell this. I like this as a way to add a small extra return over time to my portfolio. Please do not restrict ownership of 2x levered funds. I'm particularly concerned this could happen after a large market drawdown. Thanks very much.
Brett Crouse Comment On Regulatory Notice 22-08
Hi, I use SSO (2x S and P 500) as a long term hold of 3-4% of my portfolio. I would never panic sell this. I like this as a way to add a small extra return over time to my portfolio. Please do not restrict ownership of 2x levered funds. I'm particularly concerned this could happen after a large market drawdown. Thanks very much.