I do not need a regulator to tell me when and how I can invest in leveraged or inverse funds. They are easy products to understand and much less complicated than options. Inverse leveraged ETFs in particular, provide vital hedges against market volatility when one wishes to hold positions in common stocks they believe in, but understand market sentiment is going in a negative direction. This kind of positioning has been vital to my financial health. You are not doing any favors to retail investors by deeming only rich/institutional investors be allowed to invest in these funds. It will simply alienate retail investors and contribute to an environment where there is less market participation, hence a declining market. It's also extremely insulting to our intelligence.
Raymond Achord Comment On Regulatory Notice 22-08
I do not need a regulator to tell me when and how I can invest in leveraged or inverse funds. They are easy products to understand and much less complicated than options. Inverse leveraged ETFs in particular, provide vital hedges against market volatility when one wishes to hold positions in common stocks they believe in, but understand market sentiment is going in a negative direction. This kind of positioning has been vital to my financial health. You are not doing any favors to retail investors by deeming only rich/institutional investors be allowed to invest in these funds. It will simply alienate retail investors and contribute to an environment where there is less market participation, hence a declining market. It's also extremely insulting to our intelligence.