You do not know what's good for me, and preventing me from investing in leveraged/inverse funds is overreach. Why should the rich only be allowed to use these tools, but not me? Also, logically, if I can't lever up via ETFs, why am I even allowed to use options with very little oversight to obtain leverage? It's nonsense, and will probably just further income inequality.
Michael Bialas Comment On Regulatory Notice 22-08
You do not know what's good for me, and preventing me from investing in leveraged/inverse funds is overreach. Why should the rich only be allowed to use these tools, but not me? Also, logically, if I can't lever up via ETFs, why am I even allowed to use options with very little oversight to obtain leverage? It's nonsense, and will probably just further income inequality.