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Prasad Kulkarni Comment On Regulatory Notice 22-08

Prasad Kulkarni
N/A

Hello there,
I am a long time investor in Leveraged ETFs of US indices.
I understand the risk and reward involved in it. I have more than 15 years of investing experience in Equity, Mutual Funds, Derivatives and other investment products.
I want to have my own investment flexibility with my money and do not want someone restricting it by some or the other means.
Due to market turmoil this year beginning, I have already in some losses by investing in leveraged ETFs and now if it is suddenly restricted for investment, I will miss the opportunity to recover my losses during any future market recovery. Then who would take that responsibility? Better allow the existing investor to keep investing in such products based on their on risk appetite.

Hope you will give due thought on this aspect.

Thank you,