Edward Dougherty Comment On Regulatory Notice 22-08
Edward Dougherty
N/A
Given that our government continues to promote low interest rate environments where elder savers are punished, inverse etfs are an excellent tool to hedge income based stock portfolios. Instead of focusing on singular market events to evaluate etf tracking error, the government should endeavor to actually study long term inverse etf tracking error and counter party risk. Leveraged etfs are dangerous and might need more regulation, But Finra would be better off spending time on rules for crypto and new retail brokerage apps (read Robinhood).
Edward Dougherty Comment On Regulatory Notice 22-08
Given that our government continues to promote low interest rate environments where elder savers are punished, inverse etfs are an excellent tool to hedge income based stock portfolios. Instead of focusing on singular market events to evaluate etf tracking error, the government should endeavor to actually study long term inverse etf tracking error and counter party risk. Leveraged etfs are dangerous and might need more regulation, But Finra would be better off spending time on rules for crypto and new retail brokerage apps (read Robinhood).