Regulating the use of leveraged or inverse products to individual investors is a devastating and disastrous move to the public. It has no place in our free and open markets. These unique instruments allow for limited hedging and protection for portfolios of self directed investors such as myself in a very targeted and a LOW risk strategy and methodology which is extremely important ESPECIALLY in times of volatility - like NOW. The market has seen some idiotic speculation in some areas over the past few years but this is NOT one of them. Turn your attention to excessive brokerage fees and their manipulation and not to restricting access to useful and important products for the public in individual investing!
David Shock Comment On Regulatory Notice 22-08
Regulating the use of leveraged or inverse products to individual investors is a devastating and disastrous move to the public. It has no place in our free and open markets. These unique instruments allow for limited hedging and protection for portfolios of self directed investors such as myself in a very targeted and a LOW risk strategy and methodology which is extremely important ESPECIALLY in times of volatility - like NOW. The market has seen some idiotic speculation in some areas over the past few years but this is NOT one of them. Turn your attention to excessive brokerage fees and their manipulation and not to restricting access to useful and important products for the public in individual investing!