I am fully capable of assessing risks of inverse and leveraged funds. I've used them for years. I have over 35,000 followers on social media, and I help to educate them regularly.
I believe you could inform the public of risks through "warning label-like" statements such as giving examples of how one can rapidly lose money using a leverage fund while the market is crashing.
We let people eat fat, cholesterol, high fructose corn syrup, but put it on the label. Leave the choice to me, which sometimes allows me to free up capital to make additional income. I don't use leveraged funds for leverage per se. I use them for portfolio flexibility.
You can also have the managers present information on how to use stop losses as well IMO. Better informed investors can easily protect themselves. We do not want or need the government to interfere with our financial strategies. Thanks you for the opportunity to comment.
David Durand Comment On Regulatory Notice 22-08
I am fully capable of assessing risks of inverse and leveraged funds. I've used them for years. I have over 35,000 followers on social media, and I help to educate them regularly.
I believe you could inform the public of risks through "warning label-like" statements such as giving examples of how one can rapidly lose money using a leverage fund while the market is crashing.
We let people eat fat, cholesterol, high fructose corn syrup, but put it on the label. Leave the choice to me, which sometimes allows me to free up capital to make additional income. I don't use leveraged funds for leverage per se. I use them for portfolio flexibility.
You can also have the managers present information on how to use stop losses as well IMO. Better informed investors can easily protect themselves. We do not want or need the government to interfere with our financial strategies. Thanks you for the opportunity to comment.