I believe your proposed limitations placed on leveraged and inverse funds is not only unnecessary, but another bureaucratic overreach predicated on the false premise that individual investors are not capable of making intelligent decisions of where to invest THEIR money.
As an individual investor since 2018 (at the age of 72), I have used expert advise and my research on investing in such funds as a portion of my portfolios. Placing undo burden on me for future such investments does not assist me in any manner, and indeeds, is a negative influence on my investment strategy.
Please do not move forward on these unnecessary and unfair regulations.
Daniel Jackett Comment On Regulatory Notice 22-08
I believe your proposed limitations placed on leveraged and inverse funds is not only unnecessary, but another bureaucratic overreach predicated on the false premise that individual investors are not capable of making intelligent decisions of where to invest THEIR money.
As an individual investor since 2018 (at the age of 72), I have used expert advise and my research on investing in such funds as a portion of my portfolios. Placing undo burden on me for future such investments does not assist me in any manner, and indeeds, is a negative influence on my investment strategy.
Please do not move forward on these unnecessary and unfair regulations.