I have been responsibly investing for years with a complex and diverse portfolio that I base on my own personal risk tolerance. At times, this means I may include products like leveraged or inverse leveraged funds in my portfolio, as they can be effective tools to gain exposure to certain sectors, or conversely to hedge against a downturn in a sector. Of course, as with any investment decision or change in my personal finances, I conduct thorough research and ensure an investment into one of these types of funds is aligned with my personal goals before acting. I am neither stupid nor reckless with my investment decisions, am capable of making an investment strategy tailored to my goals, and as such should not be restricted from trading asset classes like leveraged and inverse leveraged funds.
Jonathan Gross Comment On Regulatory Notice 22-08
I have been responsibly investing for years with a complex and diverse portfolio that I base on my own personal risk tolerance. At times, this means I may include products like leveraged or inverse leveraged funds in my portfolio, as they can be effective tools to gain exposure to certain sectors, or conversely to hedge against a downturn in a sector. Of course, as with any investment decision or change in my personal finances, I conduct thorough research and ensure an investment into one of these types of funds is aligned with my personal goals before acting. I am neither stupid nor reckless with my investment decisions, am capable of making an investment strategy tailored to my goals, and as such should not be restricted from trading asset classes like leveraged and inverse leveraged funds.