(a) Leveraged and inverse funds allow small retail investor like me to hedge/ protect against the massive swing we are having in the market due to the tremendous leverage available to hedge/ institutional funds
(b) We understand that there are fees/ costs and risks associated with these leverage and inverse funds, but it is better to have them, than not!
Hem Desai Comment On Regulatory Notice 22-08
(a) Leveraged and inverse funds allow small retail investor like me to hedge/ protect against the massive swing we are having in the market due to the tremendous leverage available to hedge/ institutional funds
(b) We understand that there are fees/ costs and risks associated with these leverage and inverse funds, but it is better to have them, than not!