I am a small investor that manages a number of portfolios for my extended family. The majority of these portfolios are IRA and 410K's and the only option available in those non-margin accounts for hedging risk is inverse mutual funds. The loss or limitation of these instruments would be a great loss to the small investor.
Roy Scribner Comment On Regulatory Notice 22-08
Hi,
I am a small investor that manages a number of portfolios for my extended family. The majority of these portfolios are IRA and 410K's and the only option available in those non-margin accounts for hedging risk is inverse mutual funds. The loss or limitation of these instruments would be a great loss to the small investor.