I oppose the proposed restrictions on inverse and leveraged funds.
They are a part of the investment toolkit used in my portfolio.
These products are sufficiently documented in their prospectus.
As an individual investor I assume the risk of making my own decisions and am capable of making my own decisions.
Limiting these products to only high-net worth investors is inherently unfair and promotes wealth inequalities as these products are essential tools for hedging my portfolio.
Adding time restrictions on limiting my access to these products negates their effectiveness for providing my portfolio with necessary protection as markets suddenly go into a downtrend.
Luis Marcelino Comment On Regulatory Notice 22-08
I oppose the proposed restrictions on inverse and leveraged funds.
They are a part of the investment toolkit used in my portfolio.
These products are sufficiently documented in their prospectus.
As an individual investor I assume the risk of making my own decisions and am capable of making my own decisions.
Limiting these products to only high-net worth investors is inherently unfair and promotes wealth inequalities as these products are essential tools for hedging my portfolio.
Adding time restrictions on limiting my access to these products negates their effectiveness for providing my portfolio with necessary protection as markets suddenly go into a downtrend.