I have been investing for a while and run a systematic program of investing. Leveraged ETFs are very important to me and to my investing approach. I understand the risks and realize that there is a higher risk to any investment that involves leverage and this one is no different.
I do not want a third party evaluating my capability of managing these funds, and certainly do not want one preventing me from buying them.
If leveraged funds are restricted to accredited or wealthy investors only, the wealth gap in the country will increase as the rich get richer in sophisticated products while everybody else languishes in plain old index funds.
Please keep leveraged funds available to all investors.
Thank You - Krystol Bell
Krystol Bell Comment On Regulatory Notice 22-08
I have been investing for a while and run a systematic program of investing. Leveraged ETFs are very important to me and to my investing approach. I understand the risks and realize that there is a higher risk to any investment that involves leverage and this one is no different.
I do not want a third party evaluating my capability of managing these funds, and certainly do not want one preventing me from buying them.
If leveraged funds are restricted to accredited or wealthy investors only, the wealth gap in the country will increase as the rich get richer in sophisticated products while everybody else languishes in plain old index funds.
Please keep leveraged funds available to all investors.
Thank You - Krystol Bell