I believe that retail leveraged funds, accessible to the public, are important to keep alive and available without additional regulation. If we take these away, normal citizens will be at a disadvantage compared with institutional investors (who will still have access to these, even if in different ways).
I do not believe that we should impose additional tests or hurdles for public citizens to invest in these types of funds. Yes, they can be risky, but we are fully capable of researching the risks, rewards, and side-effects of investing in these funds without regulatory assessments to "protect" us.
Finally, I also believe that some of these funds are crucial to my long-term investment success, and will be deeply disappointed if they are taken away or begin taking additional weekend/night hours away from me (in the form of additional assessments or needing to jump through hoops to obtain the same investments). I also do not believe that this would be a good use of tax dollars to support such programs.
Matt Hillary Comment On Regulatory Notice 22-08
I believe that retail leveraged funds, accessible to the public, are important to keep alive and available without additional regulation. If we take these away, normal citizens will be at a disadvantage compared with institutional investors (who will still have access to these, even if in different ways).
I do not believe that we should impose additional tests or hurdles for public citizens to invest in these types of funds. Yes, they can be risky, but we are fully capable of researching the risks, rewards, and side-effects of investing in these funds without regulatory assessments to "protect" us.
Finally, I also believe that some of these funds are crucial to my long-term investment success, and will be deeply disappointed if they are taken away or begin taking additional weekend/night hours away from me (in the form of additional assessments or needing to jump through hoops to obtain the same investments). I also do not believe that this would be a good use of tax dollars to support such programs.