I take extreme exception to your proposal to limit my access to buying any particular class of public funds. This is part of my investment strategy; I employ it as a hedge in my portfolio. It does not require special training or skills to understand the potential risks and benefits of using leveraged and inverse funds. It seems more likely to me that this is just another ploy of the privileged to manipulate and control the free market system, thus preventing people like me from protecting our investments and possibly capitalizing on volatile trends in the economy.
Bruce Mounsey Comment On Regulatory Notice 22-08
I take extreme exception to your proposal to limit my access to buying any particular class of public funds. This is part of my investment strategy; I employ it as a hedge in my portfolio. It does not require special training or skills to understand the potential risks and benefits of using leveraged and inverse funds. It seems more likely to me that this is just another ploy of the privileged to manipulate and control the free market system, thus preventing people like me from protecting our investments and possibly capitalizing on volatile trends in the economy.