I am against imposing regulations on my ability to invest in inverse and leveraged funds. I have invested in such funds and realize the risk involved and understand the basics of how they work. Imposing regulations on these funds sets a very very dangerous precedent. What will you regulate next? I don't need some government bureaucracy trying to protect me from myself. That is NOT the role of government.
Michael Tift Comment On Regulatory Notice 22-08
I am against imposing regulations on my ability to invest in inverse and leveraged funds. I have invested in such funds and realize the risk involved and understand the basics of how they work. Imposing regulations on these funds sets a very very dangerous precedent. What will you regulate next? I don't need some government bureaucracy trying to protect me from myself. That is NOT the role of government.