I oppose your attempt to prevent investors from making personal choices as to what public investments I and my family can make. Naturally, you are opposing inverse funds just as the markets have entered a new regime and likely prolonged bear market. Inverse and leveraged ETFs play an important role and allow individual investors advantages similar to hedge funds in providing return opportunities, regardless of market direction. The ability to hedge and outright profit during a market decline is extremely important. You, as a government regulator should not be allowed to limit my opportunities and thus cap my return potential. In your attempt to "protect" investors you are in fact hurting them.
Tim Fortier Comment On Regulatory Notice 22-08
I oppose your attempt to prevent investors from making personal choices as to what public investments I and my family can make. Naturally, you are opposing inverse funds just as the markets have entered a new regime and likely prolonged bear market. Inverse and leveraged ETFs play an important role and allow individual investors advantages similar to hedge funds in providing return opportunities, regardless of market direction. The ability to hedge and outright profit during a market decline is extremely important. You, as a government regulator should not be allowed to limit my opportunities and thus cap my return potential. In your attempt to "protect" investors you are in fact hurting them.