I find the use of leveraged and inverse funds invaluable in hedging my investment portfolio and prefer using them instead of shorting equities. Investors should be offered this opportunity. I understand the increased risk associated with using leveraged instruments, and I manage the amount utilized commensurate with that risk. They also offer diversification for risk management in the various sectors of the market, just as the broadly used ETFs. I believe in the free market and the flexibility to invest independently, and strongly recommend you do not impose obstacles and restrictions on our ability to utilize those tools currently available for our investment portfolios. Thank you for considering this request, on behalf of myself and other like minded investors.
Donald Lange Comment On Regulatory Notice 22-08
I find the use of leveraged and inverse funds invaluable in hedging my investment portfolio and prefer using them instead of shorting equities. Investors should be offered this opportunity. I understand the increased risk associated with using leveraged instruments, and I manage the amount utilized commensurate with that risk. They also offer diversification for risk management in the various sectors of the market, just as the broadly used ETFs. I believe in the free market and the flexibility to invest independently, and strongly recommend you do not impose obstacles and restrictions on our ability to utilize those tools currently available for our investment portfolios. Thank you for considering this request, on behalf of myself and other like minded investors.