I was disappointed to hear about this potential change. I have been investing in the public markets for 20 years. Although I do not have a degree or certification in finance, I feel I am knowledgeable enough to invest in both leveraged and inverse funds. I feel strongly that the decision to invest in leveraged funds should be my decision, and not the regulators. And certainly, there is enough inequity in the current markets. We dont have to shift the balance any further towards the privileged!
Joff Thompson Comment On Regulatory Notice 22-08
I was disappointed to hear about this potential change. I have been investing in the public markets for 20 years. Although I do not have a degree or certification in finance, I feel I am knowledgeable enough to invest in both leveraged and inverse funds. I feel strongly that the decision to invest in leveraged funds should be my decision, and not the regulators. And certainly, there is enough inequity in the current markets. We dont have to shift the balance any further towards the privileged!