Thomas Anderson Comment On Regulatory Notice 22-08
Thomas Anderson
N/A
I've recently become aware that FINRA is considering implementing restrictions on my ability to invest in leveraged ETFs and/or inverse ETFs. I want to advise you of my opposition to these measures as being unnecessary. I am fully aware of the risks involved as they are already highlighted by my brokerage firm and disclosed by the funds in the prospectus. I recognize that these are not suitable for long term investment but I have found them to be useful for hedging my core investments during periods of market weakness and for enhancing my overall returns during periods of market volatility. As such, they represent only 5% of my overall portfolio but they remain an important tool that I don't want to lose access too.
Thomas Anderson Comment On Regulatory Notice 22-08
I've recently become aware that FINRA is considering implementing restrictions on my ability to invest in leveraged ETFs and/or inverse ETFs. I want to advise you of my opposition to these measures as being unnecessary. I am fully aware of the risks involved as they are already highlighted by my brokerage firm and disclosed by the funds in the prospectus. I recognize that these are not suitable for long term investment but I have found them to be useful for hedging my core investments during periods of market weakness and for enhancing my overall returns during periods of market volatility. As such, they represent only 5% of my overall portfolio but they remain an important tool that I don't want to lose access too.