I AM STRONGLY OPPOSED TO THE PROPOSED NEW REGULATIONS CONCERNING LEVERAGED AND INVERSE FUNDS. THEY ARE AN EXCELLENT MEANS OF OBTAINING BETTER, ENHANCED RETURNS. I AM WELL AWARE OF THE RISKS INVOLVED. THE GOVERNMENT SHOULD NOT INTERFERE WITH THE PUBLIC'S RIGHT TO INVEST AS IT SEES FIT. THE GOVERNMENT MUST NOT INTERFERE WITH FREE ENTERPRISE. IT IS NOT A LEGITIMATE DUTY OF THE GOVERNMENT TO PROTECT THE INVESTING PUBLIC FROM ITSELF. THEIR ARE ALREADY SUFFICIENT WARNINGS REQUIRED BY THE SEC REGARDING THE RISKS INVOLVED WITH THIS PARTICULAR TYPE OF INVESTMENT AND NO FURTHER WARNINGS OR LIMITATIONS ARE NECESSARY.
Gary Meyer Comment On Regulatory Notice 22-08
I AM STRONGLY OPPOSED TO THE PROPOSED NEW REGULATIONS CONCERNING LEVERAGED AND INVERSE FUNDS. THEY ARE AN EXCELLENT MEANS OF OBTAINING BETTER, ENHANCED RETURNS. I AM WELL AWARE OF THE RISKS INVOLVED. THE GOVERNMENT SHOULD NOT INTERFERE WITH THE PUBLIC'S RIGHT TO INVEST AS IT SEES FIT. THE GOVERNMENT MUST NOT INTERFERE WITH FREE ENTERPRISE. IT IS NOT A LEGITIMATE DUTY OF THE GOVERNMENT TO PROTECT THE INVESTING PUBLIC FROM ITSELF. THEIR ARE ALREADY SUFFICIENT WARNINGS REQUIRED BY THE SEC REGARDING THE RISKS INVOLVED WITH THIS PARTICULAR TYPE OF INVESTMENT AND NO FURTHER WARNINGS OR LIMITATIONS ARE NECESSARY.