I run a systematic investment plan where leveraged ETFs are the key component. These funds are extremely important to my investment plan and have provided me with improved performance over the long term compared to standard market measures. I fully understand the leveraged effect the funds and use it in a responsible manner to my advantage. I do not want or need a third party evaluating my capability of managing these funds, and certainly do not want someone preventing me from buying them just because other people do not understand the risks. Please keep leveraged funds available to all investors.
Leo Dougherty Comment On Regulatory Notice 22-08
I run a systematic investment plan where leveraged ETFs are the key component. These funds are extremely important to my investment plan and have provided me with improved performance over the long term compared to standard market measures. I fully understand the leveraged effect the funds and use it in a responsible manner to my advantage. I do not want or need a third party evaluating my capability of managing these funds, and certainly do not want someone preventing me from buying them just because other people do not understand the risks. Please keep leveraged funds available to all investors.