I have been investing for a long time and understand my own risks. Investing in publicly traded funds should not be limited to the wealthy. As part of an overall portfolio I use leveraged fund to hedge investments and increase returns. I am not borrowing funds to do this and understand they may be extremely volatile at times. I can choose the portion of my portfolio I want to expose to this risk and don't need government regulators to do it for me. Thank you.
Frank Paladino Comment On Regulatory Notice 22-08
I have been investing for a long time and understand my own risks. Investing in publicly traded funds should not be limited to the wealthy. As part of an overall portfolio I use leveraged fund to hedge investments and increase returns. I am not borrowing funds to do this and understand they may be extremely volatile at times. I can choose the portion of my portfolio I want to expose to this risk and don't need government regulators to do it for me. Thank you.