I respectfully ask you to please refrain from enacting any additional regulations on this type of funds. A statement that notifies the buyer of the risk already has to be signed!
There is no need for any additional onerous regulations in buying this type of fund in a free market environment.
The purchase of these funds should not be limited to the super wealthy or financial experts only. This type of fund or funds provides the ability to hedge or balance one's portfolio.
Thank you.
Bret Pearcy Comment On Regulatory Notice 22-08
Dear FINRA,
I respectfully ask you to please refrain from enacting any additional regulations on this type of funds. A statement that notifies the buyer of the risk already has to be signed!
There is no need for any additional onerous regulations in buying this type of fund in a free market environment.
The purchase of these funds should not be limited to the super wealthy or financial experts only. This type of fund or funds provides the ability to hedge or balance one's portfolio.
Thank you.