I am strongly opposed to any new regulations that would hinder an investor's ability to navigate today's complex markets. Tools such as leveraged and inverse funds are critical to the ability to hedge a portfolio. In fact, I find the existing rules to be somewhat arbitrary and onerous.
More regulation does not help the individual investor but rather, undermines their ability to mitigate risk and serves only the interests of large incumbent institutions.
There is something quite profound in one famous quote, The nine most terrifying words in the English language are Im from the government and Im here to help.
Gregg Butler Comment On Regulatory Notice 22-08
I am strongly opposed to any new regulations that would hinder an investor's ability to navigate today's complex markets. Tools such as leveraged and inverse funds are critical to the ability to hedge a portfolio. In fact, I find the existing rules to be somewhat arbitrary and onerous.
More regulation does not help the individual investor but rather, undermines their ability to mitigate risk and serves only the interests of large incumbent institutions.
There is something quite profound in one famous quote, The nine most terrifying words in the English language are Im from the government and Im here to help.