I am strongly opposed to proposed regulations that would restrict my ability to utilize Leveraged and Inverse Funds/ETFs. These are an important part of my investment strategy and are used for both investment in up trending markets as well as hedging purposes in downtrending markets. I am quite capable of understanding the function and risks of these vehicles, and do not feel the government should be imposing restrictions on the investment vehicles that I may choose. I should not be required to go through any special process before investing in these public securities. The benefits and risks are easy to understand and have been well articulated by the fund offering companies. Please vote against these proposed measures.
Donald Klaiss Comment On Regulatory Notice 22-08
I am strongly opposed to proposed regulations that would restrict my ability to utilize Leveraged and Inverse Funds/ETFs. These are an important part of my investment strategy and are used for both investment in up trending markets as well as hedging purposes in downtrending markets. I am quite capable of understanding the function and risks of these vehicles, and do not feel the government should be imposing restrictions on the investment vehicles that I may choose. I should not be required to go through any special process before investing in these public securities. The benefits and risks are easy to understand and have been well articulated by the fund offering companies. Please vote against these proposed measures.