I use a leveraged product to protect my retirement investments. When the market corrects, as it is doing now, this investment stabilizes the portfolio through varying market conditions. The product could not be simpler: as the value of the tracking index sinks, the value of the leveraged fund increases. Taking away insurance that limits downside risk is going to hurt investors. Why do you want to harm me and other investors by limiting protective insurance? We need protection from market swings and this and other products help achieve that goal. What reason could possibly be in the public interest and the public good to reduce an investors risk protections?
Robert Priore Comment On Regulatory Notice 22-08
I use a leveraged product to protect my retirement investments. When the market corrects, as it is doing now, this investment stabilizes the portfolio through varying market conditions. The product could not be simpler: as the value of the tracking index sinks, the value of the leveraged fund increases. Taking away insurance that limits downside risk is going to hurt investors. Why do you want to harm me and other investors by limiting protective insurance? We need protection from market swings and this and other products help achieve that goal. What reason could possibly be in the public interest and the public good to reduce an investors risk protections?