Thomas Hrozencik Comment On Regulatory Notice 22-08
Thomas Hrozencik
N/A
I work at an ocio and have the cfa. So coming from that background LETFs are not something that one stumbles into. There is enough info on the web that details the advantages and risks. Reddit LETFs, boggleheads forum, and portfolio visualizer have enough discussion of risks and advantages of these products. There is a lot of interest in these products from retail following the HFEA strategy upro/tmf. From what Ive seen in online discussions people are reasonable only allocating a small portion to the strategy or larger if they are younger and following life cycle investing strategy. I rarely see people discussing day trading these products but Im sure that happens. Restricting access to these products would be detrimental to retail seeking these strategies.
Thomas Hrozencik Comment On Regulatory Notice 22-08
I work at an ocio and have the cfa. So coming from that background LETFs are not something that one stumbles into. There is enough info on the web that details the advantages and risks. Reddit LETFs, boggleheads forum, and portfolio visualizer have enough discussion of risks and advantages of these products. There is a lot of interest in these products from retail following the HFEA strategy upro/tmf. From what Ive seen in online discussions people are reasonable only allocating a small portion to the strategy or larger if they are younger and following life cycle investing strategy. I rarely see people discussing day trading these products but Im sure that happens. Restricting access to these products would be detrimental to retail seeking these strategies.