Janice Rosenfeld Comment On Regulatory Notice 22-08
Janice Rosenfeld
N/A
I oppose the purchase restrictions. Trading of these types of leveraged funds should be available to all. As an alternative to the restrictions, a requirement could be to allow purchasing after receiving one training course on the risks of these funds. Under no circumstances should trading of these types of funds be limited to only those with a high net worth. An alternative could be a limit on the number of shares which could be purchased. Further, other avenues could be taken such as limiting the marginal accounts to a further degree than they are currently.
Janice Rosenfeld Comment On Regulatory Notice 22-08
I oppose the purchase restrictions. Trading of these types of leveraged funds should be available to all. As an alternative to the restrictions, a requirement could be to allow purchasing after receiving one training course on the risks of these funds. Under no circumstances should trading of these types of funds be limited to only those with a high net worth. An alternative could be a limit on the number of shares which could be purchased. Further, other avenues could be taken such as limiting the marginal accounts to a further degree than they are currently.