Alfred Fishbeck Comment On Regulatory Notice 22-08
Alfred Fishbeck
N/A
I am opposed to the Subject rule #S7-24-15 This is clearly an infringement on the rights of the people to have the flexibility they need to make the necessary investments needed to reduce risk is a portfolio of investments. Inverse and leverage funds allow a simpler way than using options to protect investments from market changes. They allow it to be done without using margin loans to provide the same type of protection. Making it more difficult with a myriad of proposed tests, and demonstrations of what in the regulators' minds is for our own good is outrageous thinking and should not be pursued. I understand the SEC should put in place regulations that protect the public from liars, thieves and felons however, regulations that are only meant to protect us from ourselves is simply against the SEC's mission and should stay out of it.
Alfred Fishbeck Comment On Regulatory Notice 22-08
I am opposed to the Subject rule #S7-24-15 This is clearly an infringement on the rights of the people to have the flexibility they need to make the necessary investments needed to reduce risk is a portfolio of investments. Inverse and leverage funds allow a simpler way than using options to protect investments from market changes. They allow it to be done without using margin loans to provide the same type of protection. Making it more difficult with a myriad of proposed tests, and demonstrations of what in the regulators' minds is for our own good is outrageous thinking and should not be pursued. I understand the SEC should put in place regulations that protect the public from liars, thieves and felons however, regulations that are only meant to protect us from ourselves is simply against the SEC's mission and should stay out of it.