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Gary Fox Comment On Regulatory Notice 22-08

Gary FOX
N/A

I am concerned about potential regulations that would limit access to leveraged and inverse funds especially for small investors. I find these funds useful to hedge my portfolio while preserving cash. They are a useful risk management instrument when used appropriately. Rather than place burdensome restrictions on investors, FINRA might consider requiring more transparency from companies issuing such funds including more information on the fund returns compared to the unleveraged index over various time periods and tracking errors. Thank you I think individuals are able to understand the risks.