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William Kantor Comment On Regulatory Notice 22-08

William Kantor
N/A

I use inverse leveraged funds as a hedging tool, as a type of insurance if my long investments suffer a large loss. These leveraged funds would then partially offset my loss in my main investments.
I don't think I agree that there should be restrictions on these or other investments as I think this would be a restriction on the freedom which most Americans cherish. I'm not at all sure why regulators think they have the right to take away some of these freedoms.
I was a securities regulator for 10 years, first with the NASD, and then with the United Kingdom Securities and Investments Board.