I am an experienced investor and a former CPA and former financial executive of two NYSE listed companies. I do not consider it appropriate for the government to tell me and my wife what I can and cannot invest in. Based on market conditions it may be appropriate to invest in inverse or leveraged funds or ETF's. My wife and I are invested in such funds in our joint account and each of our IRA's. I think it is appropriate for others without my background to make their investment decisions without interfere of the government or regulators.
Thank you for considering my comments on this matter.
Isao Kitagawa Comment On Regulatory Notice 22-08
I am an experienced investor and a former CPA and former financial executive of two NYSE listed companies. I do not consider it appropriate for the government to tell me and my wife what I can and cannot invest in. Based on market conditions it may be appropriate to invest in inverse or leveraged funds or ETF's. My wife and I are invested in such funds in our joint account and each of our IRA's. I think it is appropriate for others without my background to make their investment decisions without interfere of the government or regulators.
Thank you for considering my comments on this matter.