I totally disagree with the proposal to regulate leveraged and inverse ETF's. They should be available to everyone, not just high net worth individuals. I understand the risks and use them strategically as a small fraction of my overall portfolio. I do not need anyone telling me what to do, or having to prove myself capable. I also totally disagree with the current regulations that restrict hiring hedge fund managers to only high net worth individuals. Everyone should be allowed to participate if they can meet the specific funds minimum investment requirements. There are several risk averse managers out there that generate a reasonable rate of return with very low risk.
Terence Riley Comment On Regulatory Notice 22-08
I totally disagree with the proposal to regulate leveraged and inverse ETF's. They should be available to everyone, not just high net worth individuals. I understand the risks and use them strategically as a small fraction of my overall portfolio. I do not need anyone telling me what to do, or having to prove myself capable. I also totally disagree with the current regulations that restrict hiring hedge fund managers to only high net worth individuals. Everyone should be allowed to participate if they can meet the specific funds minimum investment requirements. There are several risk averse managers out there that generate a reasonable rate of return with very low risk.