Dear Sir/Madam:
I am adamantly opposed to the restrictions proposed with regard to leveraged and inverse funds. I have owned one for years, and am totally aware of the risks involved. It has also been one of my best investments.
I am extremely concerned that these measures will hamper liquidity of the investment I already have, as well as restrict the ability of buying similar products in the future by severely limiting the market for such products.
Leo Yurovsky Comment On Regulatory Notice 22-08
Dear Sir/Madam:
I am adamantly opposed to the restrictions proposed with regard to leveraged and inverse funds. I have owned one for years, and am totally aware of the risks involved. It has also been one of my best investments.
I am extremely concerned that these measures will hamper liquidity of the investment I already have, as well as restrict the ability of buying similar products in the future by severely limiting the market for such products.