David Canale Comment On Regulatory Notice 22-08
While I understand the SEC's concern to protect potential investors, straightforward access to leveraged and inverse funds are an important part of many, including my own, investment strategies. I have an extensive long portfolio and I use leveraged and inverse ETFs to hedge my long positions. This has been especially helpful to my bottom line in these recent volatile market sessions. Moreover, if I anticipate a significant decline in the market, use of such ETFs may enhance my returns.