Jeffrey Reisner Comment On Regulatory Notice 22-08
Jeffrey Reisner
N/A
I can certainly understand the agency's desire to protect the public but if you are inclined to invest, then you should take it upon yourself to become educated about what it is you are investing in. Limitations on leverage funds such DGAZY and TZA might have some benefit. However, limiting inverse funds is going to far. Leveraged funds which could be used to protect gains are far easier to use than put options. It doesn't seem quite fair that limiting inverse and leverage funds to the institutional investor is reasonable either. If these funds are legitimate investments, then they should be made available to all.
Jeffrey Reisner Comment On Regulatory Notice 22-08
I can certainly understand the agency's desire to protect the public but if you are inclined to invest, then you should take it upon yourself to become educated about what it is you are investing in. Limitations on leverage funds such DGAZY and TZA might have some benefit. However, limiting inverse funds is going to far. Leveraged funds which could be used to protect gains are far easier to use than put options. It doesn't seem quite fair that limiting inverse and leverage funds to the institutional investor is reasonable either. If these funds are legitimate investments, then they should be made available to all.