Its absurd to limit investors rights to purchase these types of inverse funds. Its no more dangerous than about 5,000 other stocks/options/funds in the marketplace. I dont like the idea of cherry-picking funds to destroy in a free market, especially when its closing in on a 1-year high. It seems overbearing and unnecessary, and I hope youll reconsider.
Louis Gerrick Comment On Regulatory Notice 22-08
Its absurd to limit investors rights to purchase these types of inverse funds. Its no more dangerous than about 5,000 other stocks/options/funds in the marketplace. I dont like the idea of cherry-picking funds to destroy in a free market, especially when its closing in on a 1-year high. It seems overbearing and unnecessary, and I hope youll reconsider.