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Jonathan Bruss Comment On Regulatory Notice 22-08

Jonathan Bruss
N/A

We are in the dawn of the empowered, intelligent investor and these restrictions are a clear step backwards in empowering the individual to make choices for their own financial well-being.

Leveraged funds have allowed me to seek enhanced returns without the need for obtaining further credit. This was incredibly helpful when I was younger and had less ability to obtain credit lines for this purpose. Inverse funds also allow for a much easier ability to diversify and hedge my investments, without needing to enter into more complicated options.

Restricting these investments does nothing to protect individual investors - risks and rewards are well understood (more so than other investment opportunities). All this does is reduce individuals power, letting only the very wealthy and institutional giants gain these benefits.