As an investor, I utilize many products to reach my investment goals. These include products like the Proshares inverse funds. It is simply wrong to to take away the ability for an investor to invest in products like these, often used to hedge positions against market downturns and volatility. Like so many other poorly thought-out regulations, this one will hurt many investors, and is NOT needed. Making products like these available only to high net-worth and privileged investors deprives average investors from the very tools that can help them protect their accounts. It is wrong. I strongly oppose this attempt to take these products away, or place them behind unreasonable barriers.
Richard Wilson Comment On Regulatory Notice 22-08
As an investor, I utilize many products to reach my investment goals. These include products like the Proshares inverse funds. It is simply wrong to to take away the ability for an investor to invest in products like these, often used to hedge positions against market downturns and volatility. Like so many other poorly thought-out regulations, this one will hurt many investors, and is NOT needed. Making products like these available only to high net-worth and privileged investors deprives average investors from the very tools that can help them protect their accounts. It is wrong. I strongly oppose this attempt to take these products away, or place them behind unreasonable barriers.