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Derek Barnett Comment On Regulatory Notice 22-08

Derek Barnett
N/A

Regulators should not be in the business of limiting our ability to invest. There are already so many rules that hurt the "little guy." This is not a good move. You should not limit people's abilities to trade leveraged or inverse ETF's. Inverse ETF's, for example, are invaluable in market downturns. Forcing smaller investors to just eat the loss of an economic downturn is incredibly wrong. I am capable of my own risk management and I do not need these measures.These funds you are considering limiting are important to my personal investment strategies. I use leveraged ETF"s to maximize my gains because my account is not large enough to buy the larger ETF's that aren't leveraged. I use inverse ETF's to hedge against market downturns. This regulation, if passed, will create a larger gap between the wealthy and the middle/lower class. Please do not pass it. Please do not take away the opportunity to better oneself as one of the "little guys" that the market provides through leveraged and inverse ETF's.