Wendy Fitzpatrick Comment On Regulatory Notice 22-08
Limiting the use of of leveraged, inverted or other funds deemed "complicated" is a gross disservice to the retail investor.
People should be allowed to invest their money however they see fit, and by taking these products off the market, you could actually cause more financial harm than you think you are preventing.
Imagine a scenario where someone is invested in a leveraged fund that experiences a drawdown. And they add to their position while it is down, being patient and waiting to recover their losses when the fund rebounds.