The ability for small investors to make money in the market is hard enough given all the advantages that Wall Street has been given. Now you are considering giving then another one. What is wrong with you?!? I have invested in leveraged and inverse funds for years and they are a critical income stream for retirement. Dont give Wall Street another advantage they dont need. As a regulator you dont have the right to tell me I cant invest in a product and allow the privileged few to continue.
Stewart Rake Comment On Regulatory Notice 22-08
The ability for small investors to make money in the market is hard enough given all the advantages that Wall Street has been given. Now you are considering giving then another one. What is wrong with you?!? I have invested in leveraged and inverse funds for years and they are a critical income stream for retirement. Dont give Wall Street another advantage they dont need. As a regulator you dont have the right to tell me I cant invest in a product and allow the privileged few to continue.