Inverse funds allow me to take contrarian positions when I believe the market is behaving in unsustainable manners, not only preventing losses on my positions, but furthering my gains. Preventing household investors like me from choosing these funds limits the ability for me to choose the right strategies that I believe will pay off in the long term. Anyone is capable of reading the risks of these inverse or leveraged funds and should be able to make their own determination on whether this is something they would be willing to take on.
Please do not add restrictions on who can trade inverse or leveraged funds.
Michael Hsieh Comment On Regulatory Notice 22-08
Inverse funds allow me to take contrarian positions when I believe the market is behaving in unsustainable manners, not only preventing losses on my positions, but furthering my gains. Preventing household investors like me from choosing these funds limits the ability for me to choose the right strategies that I believe will pay off in the long term. Anyone is capable of reading the risks of these inverse or leveraged funds and should be able to make their own determination on whether this is something they would be willing to take on.
Please do not add restrictions on who can trade inverse or leveraged funds.