There is way too much government regulation. The vast majority of investors are not idiots. I personally use leveraged and inverse funds as hedging instruments. Performance statistics on leveraged and inverse funds are readily available to all investors. Do we take away guns because some fool doesn't know how to use one?
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Lon L. Witter Comment On Regulatory Notice 22-08
There is way too much government regulation. The vast majority of investors are not idiots. I personally use leveraged and inverse funds as hedging instruments. Performance statistics on leveraged and inverse funds are readily available to all investors. Do we take away guns because some fool doesn't know how to use one?