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Lorraine Cavanaugh Comment On Regulatory Notice 22-08

Lorraine Cavanaugh
N/A

Hello,

I firmly object to additional hurdles to investing. I (and the general public of mostly non-accredited investors) are not idiots, we just have less money. The tools to learn about investment and the finance industry are out there and we are using them.

Being able to participate in the market should not only be for the rich or those with finance degrees. I am against agency testing to allow access to inverse and leveraged funds.

By participating in the market, this gives me an opportunity to build wealth. Inverse funds and similar products allow me to stay in the market in times like today, when valuations fluctuate heavily. In fact, these products are a sign of savvy investing to mitigate losses.

Do not exacerbate the wealth gap in America with this legislation.