I agree that there need to be guardrails in place to protect inexperienced investors from using leveraged and inverse funds as high risk gambles that could blow up their accounts, but I also think that these types of funds add value to the market as well as liquidity. Therefore, I hope that these funds will not be taken away, but simply changed to require some type of training or confirmation of understanding about how they work before they can be purchased.
Jonathan Ferry Comment On Regulatory Notice 22-08
I agree that there need to be guardrails in place to protect inexperienced investors from using leveraged and inverse funds as high risk gambles that could blow up their accounts, but I also think that these types of funds add value to the market as well as liquidity. Therefore, I hope that these funds will not be taken away, but simply changed to require some type of training or confirmation of understanding about how they work before they can be purchased.