Dr. Kirkman Comment On Regulatory Notice 22-08
I consider it vital that ordinary investors retain the right to invest in leveraged, inverse funds such as UVXY. During market declines, these are frequently nearly the only investments that go up, while everything else goes down together like a flock of birds. During the financial crisis of 2008, I was wiped out because I only invested in stocks which my investment letters assured me would be hardy enough to withstand any correction. Instead, I found out the hard way, they all dropped together.