It is ridiculous to require testing or a special process to purchase inverse funds. Investors require hedging mechanisms. With my exposure to bonds, I require some protection against rising rates, inverse treasury funds help provide that protection. We don't need a nanny, but we do need good sources of information to help us make the best investment decisions.
John Tatar Comment On Regulatory Notice 22-08
It is ridiculous to require testing or a special process to purchase inverse funds. Investors require hedging mechanisms. With my exposure to bonds, I require some protection against rising rates, inverse treasury funds help provide that protection. We don't need a nanny, but we do need good sources of information to help us make the best investment decisions.