The thought of keeping a common investor out of these funds is not at all fair! For instance through my ability to investment in such funds as TMF, GUSH, TMV, UCO, SCO and BRZU made me have the ability to have forever changed my wealth status and get a huge jump on retirement.
If anything provide further access to education regarding leveraged funds and don't limit us "The Individual" who is climbing the ladder. This is not protection, it's boxing out the small guy, holding him down from being able to break through to the next level.
Again education, education, education and less regulation!
Especially when you look at boxing out only the smaller account sizes, seems more like the wealthy getting privilege from the average.
James Jones Comment On Regulatory Notice 22-08
To Whom it may Concern,
The thought of keeping a common investor out of these funds is not at all fair! For instance through my ability to investment in such funds as TMF, GUSH, TMV, UCO, SCO and BRZU made me have the ability to have forever changed my wealth status and get a huge jump on retirement.
If anything provide further access to education regarding leveraged funds and don't limit us "The Individual" who is climbing the ladder. This is not protection, it's boxing out the small guy, holding him down from being able to break through to the next level.
Again education, education, education and less regulation!
Especially when you look at boxing out only the smaller account sizes, seems more like the wealthy getting privilege from the average.