How dare you think that we are not capable of making our own investment decisions regarding leveraged inverse funds. I have been doing so for years, and even if I hadn't, I don't need your permission to invest my money and make my risk/reward decisions. I strongly oppose having to jump through hoops you create and to get a broker's permission to invest in anything I want, and I oppose your proposed regulation in the strongest possible terms.
Thomas Grace Comment On Regulatory Notice 22-08
How dare you think that we are not capable of making our own investment decisions regarding leveraged inverse funds. I have been doing so for years, and even if I hadn't, I don't need your permission to invest my money and make my risk/reward decisions. I strongly oppose having to jump through hoops you create and to get a broker's permission to invest in anything I want, and I oppose your proposed regulation in the strongest possible terms.