I am opposed to regulators preventing investors from investing in leveraged or inverse funds. These funds serve a purpose including hedging other positions. The hedges would be difficult if not impossible to accomplish without access to existing leveraged or inverse funds. We, the investing public are not stupid and can judge the risks associated with these products. Regulators give the public far too little credit. Please don't limit our investing freedoms by restricting such instruments.
Cory Haupt Comment On Regulatory Notice 22-08
I am opposed to regulators preventing investors from investing in leveraged or inverse funds. These funds serve a purpose including hedging other positions. The hedges would be difficult if not impossible to accomplish without access to existing leveraged or inverse funds. We, the investing public are not stupid and can judge the risks associated with these products. Regulators give the public far too little credit. Please don't limit our investing freedoms by restricting such instruments.