I oppose the proposed restrictions on leveraged and inverse funds. I am already an accredited investor and my use of leveraged funds make up only a tiny portion of my net worth. I understand the risks and see no reason to restrict access to these and other products. They are already inherently less risky than other readily available products like options, crypto, certain poorly run private opportunities, etc. Let people decide for themselves, we already know there are risks and can choose to make decisions for ourselves. Thanks.
Manish Punjabi Comment On Regulatory Notice 22-08
I oppose the proposed restrictions on leveraged and inverse funds. I am already an accredited investor and my use of leveraged funds make up only a tiny portion of my net worth. I understand the risks and see no reason to restrict access to these and other products. They are already inherently less risky than other readily available products like options, crypto, certain poorly run private opportunities, etc. Let people decide for themselves, we already know there are risks and can choose to make decisions for ourselves. Thanks.