This proposal is just another attempt to restrict the options, retail investors have to invest in the market. Large institutions have always had a clear advantage, privy to information first, flash trading etc. Restricting retail investor's ability to short or long the markets using these types of vehicles is, once again giving the institutions the upper hand in playing in a field they already mostly control. I am completely aware of my risks when I trade with these levered products. Specifically, the inverse funds allow shorting in a simple fashion. Without access to these types of funds, I would not have been able to easily short the overall market back in 2018, 2020 and presently.
Douglas Dingee Comment On Regulatory Notice 22-08
This proposal is just another attempt to restrict the options, retail investors have to invest in the market. Large institutions have always had a clear advantage, privy to information first, flash trading etc. Restricting retail investor's ability to short or long the markets using these types of vehicles is, once again giving the institutions the upper hand in playing in a field they already mostly control. I am completely aware of my risks when I trade with these levered products. Specifically, the inverse funds allow shorting in a simple fashion. Without access to these types of funds, I would not have been able to easily short the overall market back in 2018, 2020 and presently.