Joseph Gerber Comment On Regulatory Notice 22-08
We appreciate you bringing the inverse and leveraged funds to our attention. We only use them occasionally because markets are up 2/3 of the time.
For short downtrends it is often best to wait until they are over, but in longer downtrends some money can be made.
Public securities traded should not have any special requirements for investing. These are public securities, after all. The proposed rules make trades available to the privileged more than the general public and that is not right, either.