This kind of leverage is vital for investors to protect ourselves and enable us to hold stocks which we might need to sell otherwise and lose out on the capital gains tax. When stocks are down or we see them going down we can leverage with inverse tickers such as VIX and maintain our holdings which in turn creates a more stable stock market which is better for the investor and the companies and the country. You should not remove the ability for people to buy these stocks and hedge our portfolio. This is once again just making the small investor weaker and I think the last six months have already weakened us enough. We dont need beating to the curb.
John McAuliffe Comment On Regulatory Notice 22-08
This kind of leverage is vital for investors to protect ourselves and enable us to hold stocks which we might need to sell otherwise and lose out on the capital gains tax. When stocks are down or we see them going down we can leverage with inverse tickers such as VIX and maintain our holdings which in turn creates a more stable stock market which is better for the investor and the companies and the country. You should not remove the ability for people to buy these stocks and hedge our portfolio. This is once again just making the small investor weaker and I think the last six months have already weakened us enough. We dont need beating to the curb.