Nicholas Pilfold Comment On Regulatory Notice 22-08
Nicholas Pilfold
N/A
To Whom It May Concern,
I strongly oppose the restrictions to my right to invest in leveraged and inverse funds. Leaving these types of funds in the hands of only "high net worth" individuals or brokerages only accentuates the wealth imbalance in this country. Being able to invest in inverse ETFs has safeguarded my portfolio from serious losses, while still being actively invested in the market.
This is an infringement on my fundamental rights to choose the best financial tools to secure my economic well-being. In a time of record inflation, when my wages do not buy what they used to, it is an absolute disgrace and robbery of my wealth to take away options like leveraged and inverse funds.
Nicholas Pilfold Comment On Regulatory Notice 22-08
To Whom It May Concern,
I strongly oppose the restrictions to my right to invest in leveraged and inverse funds. Leaving these types of funds in the hands of only "high net worth" individuals or brokerages only accentuates the wealth imbalance in this country. Being able to invest in inverse ETFs has safeguarded my portfolio from serious losses, while still being actively invested in the market.
This is an infringement on my fundamental rights to choose the best financial tools to secure my economic well-being. In a time of record inflation, when my wages do not buy what they used to, it is an absolute disgrace and robbery of my wealth to take away options like leveraged and inverse funds.