Please reconsider limiting who may invest in leveraged funds and inverse funds. We are quickly seeing only those who are already financially established being allowed to invest in securities that have potential for high upside. As such, the cards are being stacked against the average investor, even those who are willing to educate themselves and accept the risks.
Nathan Turriff Comment On Regulatory Notice 22-08
Please reconsider limiting who may invest in leveraged funds and inverse funds. We are quickly seeing only those who are already financially established being allowed to invest in securities that have potential for high upside. As such, the cards are being stacked against the average investor, even those who are willing to educate themselves and accept the risks.