it would be a huge mistake to eliminate or limit purchase of leveraged or inverse funds. I use them to limit the downside of my bond and stock holdings. Without it , no question, volatility would increase & an important tool taken away from the public. Complex investments can use more education & disclosure from ISSUERS; but certainly not the proposed investment knowledge disclosure, financial disclosure of INVESTORS. It would hurt investors, discourage them from valuable investment tools. We do not need these new measures. it would increase volatility: hurt the majority of investors, while helping VERY FEW !
George Klein Comment On Regulatory Notice 22-08
it would be a huge mistake to eliminate or limit purchase of leveraged or inverse funds. I use them to limit the downside of my bond and stock holdings. Without it , no question, volatility would increase & an important tool taken away from the public. Complex investments can use more education & disclosure from ISSUERS; but certainly not the proposed investment knowledge disclosure, financial disclosure of INVESTORS. It would hurt investors, discourage them from valuable investment tools. We do not need these new measures. it would increase volatility: hurt the majority of investors, while helping VERY FEW !