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Anthony Ficorilli Comment On Regulatory Notice 22-08

Anthony Ficorilli
N/A

I'm just a lower-middle class investor. For the most part, the general public should be allowed to invest in inverse and leveraged funds as long as the companies providing them aren't out to scam the public with unreasonable and/or suspicious tricks. If there is something unusual about a fund, a brief-to-the-point and clear explanation, avoiding double-negative language, should be mandatory (egs. information about excessive costs/fees/commissions; other unusual risky characteristics about a fund). Inverse funds give the general public an easier way to short a stock without dealing with a broker's margin, and leveraged funds give the public the freedom to choose to participate in a higher-stakes fund. Legallity, good-faith and reasonableness should be the standard.