I do not approve of further restrictions on trading leveraged/ inverse funds. They have been extremely important as hedges for protecting my retirement savings in highly volatile market episodes. This is especially true for the 401k/IRA investor who is restricted from margin and short-selling. The answer should be training investors in how to use these funds prudently, not restricting them.
Kevin Braun Comment On Regulatory Notice 22-08
I do not approve of further restrictions on trading leveraged/ inverse funds. They have been extremely important as hedges for protecting my retirement savings in highly volatile market episodes. This is especially true for the 401k/IRA investor who is restricted from margin and short-selling. The answer should be training investors in how to use these funds prudently, not restricting them.