I find it offensive that a regulatory agency wants to curtail the private financial investment choices of adult citizens, under the guise of "protecting" us.
Free markets work best when they are truly FREE. I am perfectly capable of reading the prospectus and understanding the risks of my investment decisions. If a person does not understand those risks, then the prudent move is to walk away. But again, they are free to make whatever choice seems best to them.
For me personally, inverse funds in particular are a way to hedge against losses in the stock market during market downturns. They are not long-term investments and never account for more than a small percentage of my holdings.
Ronald Hinds Comment On Regulatory Notice 22-08
I find it offensive that a regulatory agency wants to curtail the private financial investment choices of adult citizens, under the guise of "protecting" us.
Free markets work best when they are truly FREE. I am perfectly capable of reading the prospectus and understanding the risks of my investment decisions. If a person does not understand those risks, then the prudent move is to walk away. But again, they are free to make whatever choice seems best to them.
For me personally, inverse funds in particular are a way to hedge against losses in the stock market during market downturns. They are not long-term investments and never account for more than a small percentage of my holdings.