I use leveraged funds in a methodical manner as part of my investing strategy. I fully understand the risks associated with leveraged investments and DO NOT believe the government has any right to regulate investment products. It is my personal choice to incorporate leveraged funds as part of my wealth building strategy and I desire to continue to use them. If you must regulate investments, regulate the inside information and trading the government officials use to obtain significant wealth- Don't regulate my leveraged fund option.
Don Crumpacker Comment On Regulatory Notice 22-08
I use leveraged funds in a methodical manner as part of my investing strategy. I fully understand the risks associated with leveraged investments and DO NOT believe the government has any right to regulate investment products. It is my personal choice to incorporate leveraged funds as part of my wealth building strategy and I desire to continue to use them. If you must regulate investments, regulate the inside information and trading the government officials use to obtain significant wealth- Don't regulate my leveraged fund option.