It is obivous one must have specialized investment knowledge to even be aware of the existence of leveraged or inversed funds. And so, right at the start these proposed changes are meaningless. To even be aware of these funds existence, one would also be aware of the role these funds have in helping diversify risk, protect investments, and hedge other positions.
Donald Staker Comment On Regulatory Notice 22-08
It is obivous one must have specialized investment knowledge to even be aware of the existence of leveraged or inversed funds. And so, right at the start these proposed changes are meaningless. To even be aware of these funds existence, one would also be aware of the role these funds have in helping diversify risk, protect investments, and hedge other positions.