Please do not restrict my ability to use leverage/inverse stocks. These stocks allow me to leverage my positions without incurring debt and without direct involvement in derivatives. They allow me to take short positions without making short sales. They allow me to make trades not possible using mutual funds. They allow me to trade NDX and SPX more efficiently than possible for me using at- and out-of -the-money index options. I have never had a problem opening or closing a position in QLD, QID, SSO, or SDS.
Harry Carter Comment On Regulatory Notice 22-08
Please do not restrict my ability to use leverage/inverse stocks. These stocks allow me to leverage my positions without incurring debt and without direct involvement in derivatives. They allow me to take short positions without making short sales. They allow me to make trades not possible using mutual funds. They allow me to trade NDX and SPX more efficiently than possible for me using at- and out-of -the-money index options. I have never had a problem opening or closing a position in QLD, QID, SSO, or SDS.