Comments: As someone with the CFA designation that uses triple leveraged funds for their personal investment strategy, I do not feel that this rule should be passed. In economic downturns line were are experiencing, the use of triple leverage funds can be extremely advantageous for investors that understand the risks associated with such investments and track their investment performance. Disclosures around these funds provide adequate warning to investors using them for aggressive strategies and act as a means of discouragement for less seasoned investors. There should be no limit placed on the use of such instruments.
Brett Chase Comment On Regulatory Notice 22-08
Comments: As someone with the CFA designation that uses triple leveraged funds for their personal investment strategy, I do not feel that this rule should be passed. In economic downturns line were are experiencing, the use of triple leverage funds can be extremely advantageous for investors that understand the risks associated with such investments and track their investment performance. Disclosures around these funds provide adequate warning to investors using them for aggressive strategies and act as a means of discouragement for less seasoned investors. There should be no limit placed on the use of such instruments.