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Michael Lee Comment On Regulatory Notice 22-08

Michael Lee
N/A

Dear Sirs,

I do not want or need regulators to impose restrictions on my ability to use leveraged and inverse funds to support my investment strategies. I understand complexity and risks involved with such investments and have used them successfully.

I have been inviting in the market for 20 some years now. I use them exclusively to enhance my returns. In addition, I only use them when my research has shown me that the market is sustainable for their use. They are only a limited part of my investment portfolio.

I am getting close to retirement and my portfolio needs can extra boast that only leveraged funds can provide. These investments need to available to all of the public and not just the rich.

I am getting cl