Michael Ballman Comment On Regulatory Notice 22-08
Michael Ballman
N/A
I strongly oppose any restriction of my right to invest in leveraged and inverse funds. I have spent the last 30 years of my investing life arriving at an approach which works for me and leveraged ETFs are a vital part of this approach. While they may not represent the majority of holdings in my portfolio, their leveraged nature makes them a necessary part in achieving my investment goals and in optimizing everything from risk hedges to tax implications. Without them, my entire approach would be invalid. Again, it took me 30 years to arrive at this approach. I understand the risks of leveraged and similar investments and knowingly and happily agree to the aggressive classification of my investment objectives, thereby alleviating my brokerage of any liability in my investing results.
Michael Ballman Comment On Regulatory Notice 22-08
I strongly oppose any restriction of my right to invest in leveraged and inverse funds. I have spent the last 30 years of my investing life arriving at an approach which works for me and leveraged ETFs are a vital part of this approach. While they may not represent the majority of holdings in my portfolio, their leveraged nature makes them a necessary part in achieving my investment goals and in optimizing everything from risk hedges to tax implications. Without them, my entire approach would be invalid. Again, it took me 30 years to arrive at this approach. I understand the risks of leveraged and similar investments and knowingly and happily agree to the aggressive classification of my investment objectives, thereby alleviating my brokerage of any liability in my investing results.