An investor in securities should not need regulators to ban public investments. Let the buyer beware as we do in most things being sold to the public. Investors are capable of the understanding of leverage and of inverse funds and the risks they entail. I have used these types of funds in the past as a limited part of my investment strategy, and would not be pleased to lose the ability to use them in the future. It is not fair to allow the privileged to use them when average investors are not allowed.
Robert Prouty Comment On Regulatory Notice 22-08
An investor in securities should not need regulators to ban public investments. Let the buyer beware as we do in most things being sold to the public. Investors are capable of the understanding of leverage and of inverse funds and the risks they entail. I have used these types of funds in the past as a limited part of my investment strategy, and would not be pleased to lose the ability to use them in the future. It is not fair to allow the privileged to use them when average investors are not allowed.