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Max Mitchell Comment On Regulatory Notice 22-08

Max Mitchell
N/A

This proposed rule is yet another misguided attempt to "protect" retail investors, while all it would do is limit retail investors options and increase the public's distrust towards institutional investors. While leveraged funds do experience greater volatility (and in turn risk), they are relatively easy to understand and give retail investors easier exposure to leverage than option or futures strategies. Inverse funds are sometimes the only way to gain exposure to certain assets (for example some inverse currency pair funds), and retail investors would lose access to this. I strongly urge you to NOT follow through with this proposed rule.