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Kent Anderson Comment On Regulatory Notice 22-08

Kent Anderson
N/A

I disagree with the regulation of my right to invest in inverse and/or leveraged funds. The ability to invest in these types of funds ought to be available to all types of investors, not just the high net worth people. My ability to hedge my investments is even more important the smaller my portfolio and net worth are. The regulations if imposed would impede the ability to respond quickly to changing investment situations and would result in more money being lost as your flexibility and agility would be impeded. People who are using these types of funds are using them for very specific purposes and intents and will have investigated the risks and reward.
I also believe not having the ability to invest in inverse funds in retirement accounts is an advantage to the system players, as any gain or loss has a equal and opposite loss or gain, so therefore when the market goes down, most retirement accounts have to just eat the loss as there is no where to shelter, just places to minimize loss. They don't have any way to participate in the possible gains that an inverse investment would provide.