This is an overstep by the regulatory authority. Investors should be able to continue to purchase inverse and leveraged funds. This is an infringement on the basic rights of investors. People who purchase these types of funds obviously have the knowledge of what they are doing. If your concerned about lack of consumer knowledge then have them sign some type of form that they acknowledge the risks associated with this.
Gregory Brown Comment On Regulatory Notice 22-08
This is an overstep by the regulatory authority. Investors should be able to continue to purchase inverse and leveraged funds. This is an infringement on the basic rights of investors. People who purchase these types of funds obviously have the knowledge of what they are doing. If your concerned about lack of consumer knowledge then have them sign some type of form that they acknowledge the risks associated with this.