Baron LeGault Comment On Regulatory Notice 22-08

Individuals not regulators should be able to choose the public
investments that are right for you and your family.
Public investments should be available to all of the public,
not just the privileged
You shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds. Explain that you are
capable of understanding leveraged and inverse funds
and their risks. Tell regulators you do not
need these measures imposed on you.
Leveraged and inverse funds are important to your
investment strategies. Consider explaining ways you use
leverage and inverse funds, including that they help you
protect (hedge) your investments or seek enhanced returns,
and if you use them as a limited part of your overall portfolio.