This being the United States it's still the land of the free. Each adult of sound mind deserves to educate themselves and have access to ALL investment vehicles. Even those investment vehicles that regulators or other individuals with a different risk profile would deem too risky or inappropriate.
Each person must make their own assessment of risk and whether that level of risk is acceptable to that person. Part of being a free country is educating ourselves and taking that personal responsibility, accountability. No regulator can know each of the 100's of millions of investors out there, each individuals personality traits, investment goals, or other essential factors that go into investment decisions + investment allocations.
That's why this decision to invest in leveraged or inverse funds must be made by each free individual in the free society we live in.
There should be no special process required because again there's no "1 size fits all" box which any standardized test by nature must attempt to fit everybody into 1 box. Each person should not be burdened with additional time burned on tests or jumping through hoops. It's my money, I can evaluate an investment and decide on its own merits if I'll invest + what allocation.
My neighbors, fellow Texans, and fellow Americans deserve to make the same evaluation and have that decision in their own hands.
We see a widening gap between rich and poor. The data shows that. One big reason is because "accredited" or "qualified" investors are the only ones who get access to certain categories of investment (including buying private shares like when Uber, Snowflake, et al companies were private for 10+ years with massive gains, then their stock prices faded and drifted lower or plummeted once they were publicly traded on the public markets). The reason the wealthy are only able to access these investment asset classes... you guessed it - restrictive regulation.
Leveraged and inverse funds are a great way I allocate a small part of my portfolio to commodities or hedging against downside on a basket of assets...instead of having to place my investment dollars on only 1 commodity or company and hope I chose the right one out of what could be hundreds of choices.
These funds/ETFs are popular because of their ease of use, ability to hedge or spread risk, and not having to be a master stock/solitary asset picker.
Clint Evans Comment On Regulatory Notice 22-08
This being the United States it's still the land of the free. Each adult of sound mind deserves to educate themselves and have access to ALL investment vehicles. Even those investment vehicles that regulators or other individuals with a different risk profile would deem too risky or inappropriate.
Each person must make their own assessment of risk and whether that level of risk is acceptable to that person. Part of being a free country is educating ourselves and taking that personal responsibility, accountability. No regulator can know each of the 100's of millions of investors out there, each individuals personality traits, investment goals, or other essential factors that go into investment decisions + investment allocations.
That's why this decision to invest in leveraged or inverse funds must be made by each free individual in the free society we live in.
There should be no special process required because again there's no "1 size fits all" box which any standardized test by nature must attempt to fit everybody into 1 box. Each person should not be burdened with additional time burned on tests or jumping through hoops. It's my money, I can evaluate an investment and decide on its own merits if I'll invest + what allocation.
My neighbors, fellow Texans, and fellow Americans deserve to make the same evaluation and have that decision in their own hands.
We see a widening gap between rich and poor. The data shows that. One big reason is because "accredited" or "qualified" investors are the only ones who get access to certain categories of investment (including buying private shares like when Uber, Snowflake, et al companies were private for 10+ years with massive gains, then their stock prices faded and drifted lower or plummeted once they were publicly traded on the public markets). The reason the wealthy are only able to access these investment asset classes... you guessed it - restrictive regulation.
Leveraged and inverse funds are a great way I allocate a small part of my portfolio to commodities or hedging against downside on a basket of assets...instead of having to place my investment dollars on only 1 commodity or company and hope I chose the right one out of what could be hundreds of choices.
These funds/ETFs are popular because of their ease of use, ability to hedge or spread risk, and not having to be a master stock/solitary asset picker.
Regards,
Clint Evans
Concerned Investor