We not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. LIST OF INVESTMENTS THAT MAY BE AT RISK: Target Date Funds Non-Traditional Index Funds (Smart Beta + ESG) Emerging Market Funds High Yield Bond Funds Closed-end Funds Commodity Funds Cryptocurrency Funds Unconstrained Bond Funds Floating-rate/Leveraged Loan Funds Leveraged/Inverse Products Interval Funds Global Real Estate Funds ETNs Variable Annuities Defined Outcome ETFs Volatility-Linked Funds Currency Funds Funds using cryptocurrency futures Non-traded REITs Business Development Companies Opportunistic and Tactical, Multi-Strategy Funds Funds using derivatives for hedging or leverage Principal Protected Notes Structured Notes Asset-Backed Securities Funds Selling Short Start-up Company (IPO) Funds Funds Investing in Unlisted Securities Distressed Debt Funds Absolute Return Funds Finds of Hedge Funds Reverse Convertible Notes Market-linked CDs Range Accrual Notes Insurance-Linked Securities I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to our investment strategies.
Charles Watson Comment On Regulatory Notice 22-08
We not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. LIST OF INVESTMENTS THAT MAY BE AT RISK: Target Date Funds Non-Traditional Index Funds (Smart Beta + ESG) Emerging Market Funds High Yield Bond Funds Closed-end Funds Commodity Funds Cryptocurrency Funds Unconstrained Bond Funds Floating-rate/Leveraged Loan Funds Leveraged/Inverse Products Interval Funds Global Real Estate Funds ETNs Variable Annuities Defined Outcome ETFs Volatility-Linked Funds Currency Funds Funds using cryptocurrency futures Non-traded REITs Business Development Companies Opportunistic and Tactical, Multi-Strategy Funds Funds using derivatives for hedging or leverage Principal Protected Notes Structured Notes Asset-Backed Securities Funds Selling Short Start-up Company (IPO) Funds Funds Investing in Unlisted Securities Distressed Debt Funds Absolute Return Funds Finds of Hedge Funds Reverse Convertible Notes Market-linked CDs Range Accrual Notes Insurance-Linked Securities I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to our investment strategies.