Just regulation should protect those who cannot protect themselves from bad economics actors. This regulation proposes to protect people from themselves, which does not sound like a free country to me. The risks and rewards of leveraged and inverse funds are clear and obvious with some simple math. One does not need to be sophisticated. Leave the people alone.
Matthew Carter Comment On Regulatory Notice 22-08
Just regulation should protect those who cannot protect themselves from bad economics actors. This regulation proposes to protect people from themselves, which does not sound like a free country to me. The risks and rewards of leveraged and inverse funds are clear and obvious with some simple math. One does not need to be sophisticated. Leave the people alone.