The proposed regulation of leveraged and inverse funds is a radical reach by a government agency to limit our freedoms! The tests, getting approvals, required reading, etc., are an insult to investors who use these investment vehicles as a part of their portfolio. To regulate these so that only the privileged few have access is discriminatory to say the least! This needs to be stopped in its tracks!!
JC Pressley Comment On Regulatory Notice 22-08
The proposed regulation of leveraged and inverse funds is a radical reach by a government agency to limit our freedoms! The tests, getting approvals, required reading, etc., are an insult to investors who use these investment vehicles as a part of their portfolio. To regulate these so that only the privileged few have access is discriminatory to say the least! This needs to be stopped in its tracks!!