I am a 74-year-old conservative and cautious investor who has successfully used triple-leveraged ETF's during the last nine years to provide supplemental income for retirement. I and my 69-year-old wife do not live extravagant lifestyles, but these EFT investments have allowed us to live a middle-class life in retirement. However, if the freedom to use these investments was taken away, we would not be able to meet our non-extravagant monthly financial obligations. Please recognize that responsible investors will be tremendously damaged in this era of high inflation if our successful methods of investing is constricted.
Dwight Brewer Comment On Regulatory Notice 22-08
I am a 74-year-old conservative and cautious investor who has successfully used triple-leveraged ETF's during the last nine years to provide supplemental income for retirement. I and my 69-year-old wife do not live extravagant lifestyles, but these EFT investments have allowed us to live a middle-class life in retirement. However, if the freedom to use these investments was taken away, we would not be able to meet our non-extravagant monthly financial obligations. Please recognize that responsible investors will be tremendously damaged in this era of high inflation if our successful methods of investing is constricted.