I have been using leveraged funds since 2006. Leveraged funds have been capped at 3x for protection. Investors can use these for a variety of strategies. I believe they are safer than margin accounts. Better than futures, because the notional can be sized more easily. I believe the average investor has easy access to training tools, and should be allowed to decide for themselves.
Jeff Devine Comment On Regulatory Notice 22-08
I have been using leveraged funds since 2006. Leveraged funds have been capped at 3x for protection. Investors can use these for a variety of strategies. I believe they are safer than margin accounts. Better than futures, because the notional can be sized more easily. I believe the average investor has easy access to training tools, and should be allowed to decide for themselves.