Donald Lange Comment On Regulatory Notice 22-08
I find the use of leveraged and inverse funds invaluable in hedging my investment portfolio and prefer using them instead of shorting equities. Investors should be offered this opportunity. I understand the increased risk associated with using leveraged instruments, and I manage the amount utilized commensurate with that risk. They also offer diversification for risk management in the various sectors of the market, just as the broadly used ETFs.