I strongly oppose the proposed regulation that would limit or eliminate access to leveraged and inverse investment instruments.
These tools are a critical piece to actively managing a portfolio, and provide unique alternatives to individual stocks, passive ETF's and mutual funds.
Given the many events in the last several years that have dramatically affected the investing public, it is even more important to have every tool in our kit.
I am fully capable of understanding these products, and the associated risks and opportunities. My broker ensures that I confirm regularly that I am aware of the different nature of these products.
Marc Mackin Comment On Regulatory Notice 22-08
Dear Regulators:
I strongly oppose the proposed regulation that would limit or eliminate access to leveraged and inverse investment instruments.
These tools are a critical piece to actively managing a portfolio, and provide unique alternatives to individual stocks, passive ETF's and mutual funds.
Given the many events in the last several years that have dramatically affected the investing public, it is even more important to have every tool in our kit.
I am fully capable of understanding these products, and the associated risks and opportunities. My broker ensures that I confirm regularly that I am aware of the different nature of these products.
Thank you for your attention.