Richard Sweikow Comment On Regulatory Notice 22-08
Richard Sweikow
N/A
Regulators, Investment should be available to the public at large and not restricted to clients paying fee based advisors or participating in fee based programs that will reduce the return on my portfolio. An investor should not be required to pass through any special process or have a minimum net worth to invest in any or all public securities, like leveraged and inverse funds. As an investor I am capable of understanding leveraged and inverse funds, and can probably explain them better then most of the advisors to whom you wish to restrict their distribution. Leveraged and inverse funds are important investment strategies that should remain available to all investors.
Richard Sweikow Comment On Regulatory Notice 22-08
Regulators, Investment should be available to the public at large and not restricted to clients paying fee based advisors or participating in fee based programs that will reduce the return on my portfolio. An investor should not be required to pass through any special process or have a minimum net worth to invest in any or all public securities, like leveraged and inverse funds. As an investor I am capable of understanding leveraged and inverse funds, and can probably explain them better then most of the advisors to whom you wish to restrict their distribution. Leveraged and inverse funds are important investment strategies that should remain available to all investors.