It's ludicrous that such a proposal is being considered. I'm not against regulation, but this is beyond a nanny state. Inverse funds are crucial to my investment strategy, and have proven themselves extremely useful and profitable. Leveraged funds can also be useful. Please listen to the investors - we're not children, and can make our own decisions. Many of us have been doing so quite profitably.
Kevin Roberts Comment On Regulatory Notice 22-08
It's ludicrous that such a proposal is being considered. I'm not against regulation, but this is beyond a nanny state. Inverse funds are crucial to my investment strategy, and have proven themselves extremely useful and profitable. Leveraged funds can also be useful. Please listen to the investors - we're not children, and can make our own decisions. Many of us have been doing so quite profitably.