I have inverse funds in my investment accounts. They are a portion of the accounts, not the majority of the accounts. These funds bring some additional diversity and balance to my accounts. I am investing money that I have earned throughout my career, and I should be able to do that as I see fit without government regulation either adding needless tasks for me to accomplish or restrict my investment earning potential. Both of my brokerage accounts already include warnings and information about the inverse funds I trade. These warning pop up before I can submit each trade. If an investor chooses not to read and understand those warnings, or simply ignore the warnings, then that is that individual investor's problem. The rest of the investing community should not be held back with unnecessary government regulation on this topic.
Rich Freeman Comment On Regulatory Notice 22-08
I have inverse funds in my investment accounts. They are a portion of the accounts, not the majority of the accounts. These funds bring some additional diversity and balance to my accounts. I am investing money that I have earned throughout my career, and I should be able to do that as I see fit without government regulation either adding needless tasks for me to accomplish or restrict my investment earning potential. Both of my brokerage accounts already include warnings and information about the inverse funds I trade. These warning pop up before I can submit each trade. If an investor chooses not to read and understand those warnings, or simply ignore the warnings, then that is that individual investor's problem. The rest of the investing community should not be held back with unnecessary government regulation on this topic.