I have been using inverse/leveraged funds for over 7 years now. When I started I was new to trading. I did all the research on the funds as that was my responsibility as a trader. The brokers I use all explained in great detail the risks of trading these types of funds.
Everyone should have the right to trade these types of investments. It should not be based on how much wealth you have. These are public funds and should remain that way.
There is enough warnings and information available to fully explain the pros/cons of using this type of investment. IT IS THE RESPONSIBILITY OF THE INDIVIDUAL INVESTOR TO DO THE DUE DILLIGENCE NECESSARY TO TRADE THESE TYPE OF FUNDS. There are enough rules and regulations in place. We don't need anymore rules because individual investors are not doing there job in researching inverse/leveraged funds.
Leverage funds are very important to me and help me protect my investments and increase my returns. I don't need to be punished because others don't do their jobs and then blame others for their mistakes. There is nothing wrong with the leveraged/inverse funds. Investors need to take individual responsibility for their actions.
Bottom Line, don't fix what is not broken. Leave the system and rules as they are. I don't need to pay for others who don't take the time to learn what they are doing. Thank you.
Scott Shea Comment On Regulatory Notice 22-08
I have been using inverse/leveraged funds for over 7 years now. When I started I was new to trading. I did all the research on the funds as that was my responsibility as a trader. The brokers I use all explained in great detail the risks of trading these types of funds.
Everyone should have the right to trade these types of investments. It should not be based on how much wealth you have. These are public funds and should remain that way.
There is enough warnings and information available to fully explain the pros/cons of using this type of investment. IT IS THE RESPONSIBILITY OF THE INDIVIDUAL INVESTOR TO DO THE DUE DILLIGENCE NECESSARY TO TRADE THESE TYPE OF FUNDS. There are enough rules and regulations in place. We don't need anymore rules because individual investors are not doing there job in researching inverse/leveraged funds.
Leverage funds are very important to me and help me protect my investments and increase my returns. I don't need to be punished because others don't do their jobs and then blame others for their mistakes. There is nothing wrong with the leveraged/inverse funds. Investors need to take individual responsibility for their actions.
Bottom Line, don't fix what is not broken. Leave the system and rules as they are. I don't need to pay for others who don't take the time to learn what they are doing. Thank you.