Id like to offer that further restrictions or changes to what qualifies an investor to use leveraged and or inverse products are not needed and can cause damage to the portfolio of investors beyond the governments tools that already cause damage, add unneeded complexity and detriment to retail investors. It is disengenuine and presumptive to allow the fed and various lending facilities to manage the bond market , currency and interest rates and then make it so our access as investors no longer have access to meager tools to manage risk. My wife and I use inverse and leveraged funds and we are not specifically trained but it has saved us from taking a beating in the market these past two years when markets signal changes but dont move all at once. Its insurance. Please dont meddle with our ability to access these. Best regards,
Mark Johnson Comment On Regulatory Notice 22-08
Id like to offer that further restrictions or changes to what qualifies an investor to use leveraged and or inverse products are not needed and can cause damage to the portfolio of investors beyond the governments tools that already cause damage, add unneeded complexity and detriment to retail investors. It is disengenuine and presumptive to allow the fed and various lending facilities to manage the bond market , currency and interest rates and then make it so our access as investors no longer have access to meager tools to manage risk. My wife and I use inverse and leveraged funds and we are not specifically trained but it has saved us from taking a beating in the market these past two years when markets signal changes but dont move all at once. Its insurance. Please dont meddle with our ability to access these. Best regards,