Michael Oconnor Comment On Regulatory Notice 22-08
Why is it that the government thinks they know what's best for me and I don't. In a country that is rapidly losing the basic freedoms promised to us, now you want to take away my financial freedoms. Inverse funds help me protect capital during periods of turmoil, high inflation, geopolitical risks, and government overspending, to name a few. Leveraged funds allow me to hedge my positions quickly, as I did during the pandemic crash and the financial crisis of 2008-09. It is not hard to understand these are short term instruments. I use these tools to hedge my stock positions.