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Jeff Arts Comment On Regulatory Notice 22-08

Jeff Arts
N/A

I would like to take a moment to let you know that It should be up to me as an individual to make my own decisions to use investment vehicles I see fit for my investment strategies.

Inverse and leveraged funds can be used to protect my investments from down turns or sentiment changes in the markets. It is important that these products remain available and easy to access without undue restrictions. This would limit retail investors ability to access these important vehicles and further restrict our ability to protect ourselves from market volatility and downturns or shifts in sentiment. As investors we can make these determinations and do not need nor want measures which would limit access to these securities. There is risk in all investment vehicles and these are no more difficult to understand than any others. As a limited part of my diversified portfolio I hedge positions with these types of securities. However, they are very important as part of my diversification.

Additional regulations which limit access to vehicles which are important parts of my investment strategies are not needed and could only further limit access to enhanced returns to privileged few and limit my rights to these benefits.