I understand the risks of using leveraged and inverse funds and do not need the government to tell me how to invest. They play an important hedge for my investments.
The elimination of these types of investments would only serve the most wealthy, large investment firms and hedge funds. They have the ability and funds to create their own vehicles for protection. These groups already have a disproportionate advantage over the individual investor.
I sincerely hope you consider more than the highest income investors.
David Cartier Comment On Regulatory Notice 22-08
I understand the risks of using leveraged and inverse funds and do not need the government to tell me how to invest. They play an important hedge for my investments.
The elimination of these types of investments would only serve the most wealthy, large investment firms and hedge funds. They have the ability and funds to create their own vehicles for protection. These groups already have a disproportionate advantage over the individual investor.
I sincerely hope you consider more than the highest income investors.