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Robert Weinberg Comment On Regulatory Notice 22-08

Robert Weinberg
N/A

I have read that you are considering a new rule to impose substantial restrictions on investors being able to invest in certain types of investments which are considered "complex products," such as inverse and leveraged funds--and I'm opposed to such a proposal. Such funds offer opportunities to investors, especially small investors who are not wealthy, to survive turbulent markets--and to plan their investment strategy in a more flexible way. Such funds also save time in many ways and the restrictions you are considering would waste an enormous amount of investors' time, energy and money. You should focus on warnings to investors where such may seem important, but not on stealing investors' time, lowering investors' opportunities, and restricting valuable investment vehicles to only the wealthy elites in society.