It is unfair and unfathomable that you would suggest limiting regular investors from investing in complex securities including leveraged funds. The prospectus for these funds are clear and easy to understand. Products such leveraged funds are behaving exactly as expected and as outlined in understandable prospectuses. No additional regulation is needed or warranted. Any regulation that prevents regular investors from utilizing these securities only hurts their and my long term investing strategies. Please drop consideration for these regulations.
James Baric Comment On Regulatory Notice 22-08
To whom it may concern,
It is unfair and unfathomable that you would suggest limiting regular investors from investing in complex securities including leveraged funds. The prospectus for these funds are clear and easy to understand. Products such leveraged funds are behaving exactly as expected and as outlined in understandable prospectuses. No additional regulation is needed or warranted. Any regulation that prevents regular investors from utilizing these securities only hurts their and my long term investing strategies. Please drop consideration for these regulations.