Chris Olson Comment On Regulatory Notice 22-08
I write to oppose any rule or regulation that limits leveraged ETF positions to one day or access to leveraged ETFs. I am a retail investor that has done a lot of research on leveraged ETFs, am comfortable with the risk, and have invested a portion of my portfolio that I am comfortable with in leveraged products and plan to hold long term. If positions were limited to a single day, I would be forced to liquidate these positions, pay capital gains, and would be limited in my ability to achieve higher long term returns in an efficient manner. I oppose such rules. Thank you.