To whom it may concern,
Inverse funds have become one of the few way that I can protect myself from a move to the downside in the financial markets. Ive been in the market for the last 3 decades. Ive experienced several dramatic market sell offs during that time. I understand there is significant risk involved with investment in financial instruments. Risk is involved in every aspect of my life. I dont think I need government employees educating me about risk. Let me make my own decisions about risk tolerance. If you go around trying to protect everyone, you ultimately protect no one.
Scott Thompson Comment On Regulatory Notice 22-08
To whom it may concern,
Inverse funds have become one of the few way that I can protect myself from a move to the downside in the financial markets. Ive been in the market for the last 3 decades. Ive experienced several dramatic market sell offs during that time. I understand there is significant risk involved with investment in financial instruments. Risk is involved in every aspect of my life. I dont think I need government employees educating me about risk. Let me make my own decisions about risk tolerance. If you go around trying to protect everyone, you ultimately protect no one.