In today's investing landscape, it's important that regular people have access to leveraged and inverse funds. As the market is falling, the only saving grace to my portfolio has been leveraged and inverse funds. I am fully capable of understanding leveraged and inverse funds and their risks. If I so choose to buy them regardless, that is my choice and my right. I don't need regulators to save me from myself. Me, not the regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged or the rich.
Steven King Comment On Regulatory Notice 22-08
In today's investing landscape, it's important that regular people have access to leveraged and inverse funds. As the market is falling, the only saving grace to my portfolio has been leveraged and inverse funds. I am fully capable of understanding leveraged and inverse funds and their risks. If I so choose to buy them regardless, that is my choice and my right. I don't need regulators to save me from myself. Me, not the regulators, should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged or the rich.