I strongly feel that American investors such as myself should continue to have the right to invest in leveraged & inverse ETF's if we so choose. To have some regulatory body make that decision for us I feel is un-American, un-called for and unnecessary. I have been investing in leveraged & inverse ETF's since 2013 and I continue to invest in them because of the great return they offer. Also in the case of inverse ETF's, it's a way I can short a certain market without having to pay interest on borrowing shares if I were to sell short that market directly. I have my investment accounts with Merrill and every time I invest in a leveraged ETF a warning window pops up informing me about the risks involved in such an investment and that's enough as far as I'm concerned. I practice formal risk management and I don't need some regulatory body doing that for me. I'm in the camp of people who feel there should be less regulatory measures imposed on people not more.
John Armour Comment On Regulatory Notice 22-08
I strongly feel that American investors such as myself should continue to have the right to invest in leveraged & inverse ETF's if we so choose. To have some regulatory body make that decision for us I feel is un-American, un-called for and unnecessary. I have been investing in leveraged & inverse ETF's since 2013 and I continue to invest in them because of the great return they offer. Also in the case of inverse ETF's, it's a way I can short a certain market without having to pay interest on borrowing shares if I were to sell short that market directly. I have my investment accounts with Merrill and every time I invest in a leveraged ETF a warning window pops up informing me about the risks involved in such an investment and that's enough as far as I'm concerned. I practice formal risk management and I don't need some regulatory body doing that for me. I'm in the camp of people who feel there should be less regulatory measures imposed on people not more.