John Campbell Comment On Regulatory Notice 22-08
While I understand the need for, and value of, some regulations to insure that unsophisticated investors do not utilize inverse or leveraged funds to their detriment, I do not believe those regulations should be unduly restrictive. Specifically, I do not support required testing or mandatory cooling off periods. I already accept the requirement for demonstrating appropriate net worth and getting approval from my broker. I believe these precautions are sufficient to protect against unwarranted and inappropriate usage of such funds.