James Chubb Comment On Regulatory Notice 22-08
I am fully aware of the risks and dangers of leveraged funds. I value the freedom to chose the public investments that I deem correct. I use these funds sparingly to mitigate risk or to correct an obvious to me, imbalance. I am strongly opposed to government regulation of free participation in these investment vehicles which have a way of teaching harsh lessons to the foolish. And hedged great rewards to the prescient. Is it the governments job to protect people from their naiveté?