I oppose any burdensome regulation on leveraged funds. I have no objection if you want to require potential investors to read information about a fund's risk and pass a test based on that reading before allowing the investor to invest in a high-risk fund. But I have invested in a leveraged fund where I can lose all my investment, and I accept that risk based on market factors. However, when I invested I did not anticipate the government would make it significantly harder for me to sell my investment. That is not a risk I want to take.
Robin Messing Comment On Regulatory Notice 22-08
I oppose any burdensome regulation on leveraged funds. I have no objection if you want to require potential investors to read information about a fund's risk and pass a test based on that reading before allowing the investor to invest in a high-risk fund. But I have invested in a leveraged fund where I can lose all my investment, and I accept that risk based on market factors. However, when I invested I did not anticipate the government would make it significantly harder for me to sell my investment. That is not a risk I want to take.