Limiting access to leveraged and inverse funds places qualified individual investors at a further disadvantage to the institutional elite traders, who currently enjoy unprecedented license to manipulate markets, to the detriment of the individual.
Leveraged funds are one of the most accessible tools to enable individuals to hedge against the unseen forces that decimate sound portfolios.
While I understand that some individuals may lack the sophistication to use such instruments, I also firmly believe that the majority must retain access to them.
David Hersey Comment On Regulatory Notice 22-08
Limiting access to leveraged and inverse funds places qualified individual investors at a further disadvantage to the institutional elite traders, who currently enjoy unprecedented license to manipulate markets, to the detriment of the individual.
Leveraged funds are one of the most accessible tools to enable individuals to hedge against the unseen forces that decimate sound portfolios.
While I understand that some individuals may lack the sophistication to use such instruments, I also firmly believe that the majority must retain access to them.