I don't think it is fair to regulate inverse and leveraged funds, since I rely on these as an important strategy. Especially inverse funds gives a "common" investor the ability to profit if the market goes down.
I understand the risks, and I accept gains and losses, just as I do with purchasing stocks and bonds.
In a free market, it is important to allow the market (of which I am a part of) to manage the ups and downs, instead of an elite group of investors.
Brian McEwan Comment On Regulatory Notice 22-08
I don't think it is fair to regulate inverse and leveraged funds, since I rely on these as an important strategy. Especially inverse funds gives a "common" investor the ability to profit if the market goes down.
I understand the risks, and I accept gains and losses, just as I do with purchasing stocks and bonds.
In a free market, it is important to allow the market (of which I am a part of) to manage the ups and downs, instead of an elite group of investors.