I have been using inverse and leveraged funds for at least 15 years, typically as hedges during periods of market decline or high volitality. I invested our portfolio exclusively in stocks for over 15 years on my own, and even though Im now old enough (74) to be mostly invested in funds instead of stocks, I still use inverse and leveraged funds to meet my long term investment goals. Im am strongly of the opinion that individuals should invest intelligently, understanding risk. But it is up to adults to do this, nor for regulatory agencies to treat them like children that are incapable of making their own decisions. I firmly oppose the contemplated regulations. We are not children. Even a simple Google will provide plenty of information for any investor.
Mark Henning Comment On Regulatory Notice 22-08
I have been using inverse and leveraged funds for at least 15 years, typically as hedges during periods of market decline or high volitality. I invested our portfolio exclusively in stocks for over 15 years on my own, and even though Im now old enough (74) to be mostly invested in funds instead of stocks, I still use inverse and leveraged funds to meet my long term investment goals. Im am strongly of the opinion that individuals should invest intelligently, understanding risk. But it is up to adults to do this, nor for regulatory agencies to treat them like children that are incapable of making their own decisions. I firmly oppose the contemplated regulations. We are not children. Even a simple Google will provide plenty of information for any investor.