Eliminating investors' ability to invest in leveraged products will hurt with its implementation as it would force investors out when they may be at a significant loss in their portfolio. If I'm down 10% say, will you make up the difference? Even if you set a date that the funds will close or access to the funds restricted could limit my ability to get a decent price for my investment. Sorry, but this should have been decided prior to opening of the funds.
Greg Boone Comment On Regulatory Notice 22-08
Eliminating investors' ability to invest in leveraged products will hurt with its implementation as it would force investors out when they may be at a significant loss in their portfolio. If I'm down 10% say, will you make up the difference? Even if you set a date that the funds will close or access to the funds restricted could limit my ability to get a decent price for my investment. Sorry, but this should have been decided prior to opening of the funds.