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Bruce Hanni Comment On Regulatory Notice 22-08

Bruce Hanni
N/A

I oppose restrictions being considered associated with certain investment instruments, e.g., cryptocurrency funds. Various financial instruments are critical to portfolio diversification and risk mitigation. Commodities, precious metals, real estate, hedge funds, stocks, bonds, mutual funds, exchange-traded funds, annuities, insurance policies, trading on margin, short-sales, futures, and cryptocurrency are just some of the various financial instruments that should be readily available to investors.

I recognize certain instruments, like hedge funds, cryptocurrency funds, trading on margin, and short-sales are more complex and may carry higher risk; however, sophisticated investors can analyze those risks, or if an instrument is not specifically in their knowledge wheelhouse, they can consult their financial advisor and conduct online research. All investments carry risk and each investor must weigh the risk of both individual instruments as well as their collective portfolio.