Herbert Selipsky Comment On Regulatory Notice 22-08
Herbert Selipsky
N/A
Please do not proceed with deciding for me what investments I should and should not make. The kind of restrictions you propose for leveraged and inverse funds are vital for many investors, including me, to balance out our risk in a in an overall portfolio. Even "rocksolid" companies can be risky e.g. Lehman brothers, Washington Mutual, Enron etc. We need the flexibility to counteract possible negative results in some sectors/shares by investing in alternative and even contrary investments. In summary, please don't decide what is best for me - let me do that.
Herbert Selipsky Comment On Regulatory Notice 22-08
Please do not proceed with deciding for me what investments I should and should not make. The kind of restrictions you propose for leveraged and inverse funds are vital for many investors, including me, to balance out our risk in a in an overall portfolio. Even "rocksolid" companies can be risky e.g. Lehman brothers, Washington Mutual, Enron etc. We need the flexibility to counteract possible negative results in some sectors/shares by investing in alternative and even contrary investments. In summary, please don't decide what is best for me - let me do that.