These funds are not complex securities to buy/sell and it is no more difficult to understand than buying a share of Apple. Further, limiting these securities to only institutional, high net worth, or "accredited investors" put retail investors at a disadvantage as some of these inverse/leverage funds provide hedging exposure that retail needs to hedge their portfolios.
Alex Rippe Comment On Regulatory Notice 22-08
These funds are not complex securities to buy/sell and it is no more difficult to understand than buying a share of Apple. Further, limiting these securities to only institutional, high net worth, or "accredited investors" put retail investors at a disadvantage as some of these inverse/leverage funds provide hedging exposure that retail needs to hedge their portfolios.