Leveraged and inverse funds should be available to everyone, not just the privileged. We started buying leveraged and inverse funds in 2011 and over the course of the last 11 years, we have continued to invest more in those funds as we've seen our best returns from these investments. They have also gone down in value but we do not sell when it's down. Leveraged and inverse funds have enabled our family to have a level of wealth that would not have been possible without it. No regulator should prevent our family from being able to invest in something that has had such a meaningful impact on our financial lives. Put more warnings out if you feel people aren't able to make informed decisions on their own.
Mary Mandel Comment On Regulatory Notice 22-08
Leveraged and inverse funds should be available to everyone, not just the privileged. We started buying leveraged and inverse funds in 2011 and over the course of the last 11 years, we have continued to invest more in those funds as we've seen our best returns from these investments. They have also gone down in value but we do not sell when it's down. Leveraged and inverse funds have enabled our family to have a level of wealth that would not have been possible without it. No regulator should prevent our family from being able to invest in something that has had such a meaningful impact on our financial lives. Put more warnings out if you feel people aren't able to make informed decisions on their own.