I do not think that regulators should be involved in my investment choices. I am perfectly capable of understanding the risks and benefits of investing in leveraged, inverse, and any other fund/stock available to the public. The leveraged funds I have invested in periodically have allow me to hedge against market transitions. They are an important part of my investment strategy and I believe they should not be restricted in any way.
Douglas Smith Comment On Regulatory Notice 22-08
I do not think that regulators should be involved in my investment choices. I am perfectly capable of understanding the risks and benefits of investing in leveraged, inverse, and any other fund/stock available to the public. The leveraged funds I have invested in periodically have allow me to hedge against market transitions. They are an important part of my investment strategy and I believe they should not be restricted in any way.