I strongly oppose any regulation on trading leveraged and inverse funds. I use them extensively to build wealth and create an income stream which my wife and I live on. Like any investment vehicle, these carry certain risks. However, I am ok with the risks because I harness the added power they give my trading strategies. It is much easier to profit trading them than individual stocks. I have come to rely on their availability and liquidity to make consistent gains and income. Please leave them as is and freely available to those who choose to invest in them. My livelihood depends largely upon their existence.
Mark Leary Comment On Regulatory Notice 22-08
I strongly oppose any regulation on trading leveraged and inverse funds. I use them extensively to build wealth and create an income stream which my wife and I live on. Like any investment vehicle, these carry certain risks. However, I am ok with the risks because I harness the added power they give my trading strategies. It is much easier to profit trading them than individual stocks. I have come to rely on their availability and liquidity to make consistent gains and income. Please leave them as is and freely available to those who choose to invest in them. My livelihood depends largely upon their existence.