I have utilized Leveraged and Inverse funds successfully for many years. I prefer them because as a self-directed investor, I am able to select funds which reflect an area of interest in small increments rather than invest large sums in non-leveraged funds. In this way I don't risk as much of my own capital--therefore preserving my hard earned capital. During downturns in the market Inverse funds are in place to modulate losses. It is very important to me that Leveraged and Inverse funds have been and should continue to be available to me without restriction by any government agency or any other agency for that matter.
Bernard Just Comment On Regulatory Notice 22-08
I have utilized Leveraged and Inverse funds successfully for many years. I prefer them because as a self-directed investor, I am able to select funds which reflect an area of interest in small increments rather than invest large sums in non-leveraged funds. In this way I don't risk as much of my own capital--therefore preserving my hard earned capital. During downturns in the market Inverse funds are in place to modulate losses. It is very important to me that Leveraged and Inverse funds have been and should continue to be available to me without restriction by any government agency or any other agency for that matter.