Curtis Winterfeld Comment On Regulatory Notice 22-08
Curtis Winterfeld
N/A
Required labeling and disclosure of a fund's use of leverage and inverse strategies is sufficient information for the majority of investors. Regulatory focus should be on the transparency of the labeling and the sufficiency of the disclosure required of these funds. Ultimately, government cannot protect a person from his/her poor judgement, hubris, or greed; a person bent on failure will always find a way. Don't limit the rest of us from using these investment tools.
Curtis Winterfeld Comment On Regulatory Notice 22-08
Required labeling and disclosure of a fund's use of leverage and inverse strategies is sufficient information for the majority of investors. Regulatory focus should be on the transparency of the labeling and the sufficiency of the disclosure required of these funds. Ultimately, government cannot protect a person from his/her poor judgement, hubris, or greed; a person bent on failure will always find a way. Don't limit the rest of us from using these investment tools.