Scott Watts Comment On Regulatory Notice 22-08
Scott Watts
RR, IAR
Arlington Securities Inc.
RE: Proposed regulations on sale and use of leveraged and inverse funds.
Position: Against the regulations.
Use of leveraged and inverse funds (these funds) by our firm is limited to certain customers and certain situations.
For instance, currently there is a market correction occurring. A certain portion and profile of clients benefit rotating in and out of an inverse fund in either Rydex or in Profunds.