Yevgeniy Kuzmin Comment On Regulatory Notice 22-08
Yevgeniy Kuzmin
N/A
It's my money, and it's my choice how to invest them. Restricting my rights is unacceptable. I even moved to another broker to avoid such restrictions. I'm PhD in Math and clearly understand all statistics processes at the market. Both leveraged and inverse funds allows me to create a portfolio with a great Sharpe ratio. It is much more difficult to hedge using only regular long instruments. I'm positive YTD mostly due to inverse funds, but S&P dropped 15%.
Yevgeniy Kuzmin Comment On Regulatory Notice 22-08
It's my money, and it's my choice how to invest them. Restricting my rights is unacceptable. I even moved to another broker to avoid such restrictions. I'm PhD in Math and clearly understand all statistics processes at the market. Both leveraged and inverse funds allows me to create a portfolio with a great Sharpe ratio. It is much more difficult to hedge using only regular long instruments. I'm positive YTD mostly due to inverse funds, but S&P dropped 15%.