Schuyler Bisbee Comment On Regulatory Notice 22-08
Schuyler Bisbee
N/A
Dear FINRA,
Restricting access to leveraged and inverse funds only serves to tip the investing playing-field more in the favor of the wealthy and institutional investors. Moreover, while unconventional, not all inverse funds necessarily carry greater risk of ultimate loss than the general market does. I am a frequent investor in SVXY in particular, and depriving me of this investment opportunity would deprive me of one of the only profitable means of taking relatively simple positions that are ultimately agnostic to the directional movement of the S&P 500. SVXY has offered me one of the few opportunities have thrived when other strategies have might failed or gone flat had the market not drastically rebounded post covid, and I would be deeply distressed and likely financially weaker if I did not have access to this security for future times of crisis.
Schuyler Bisbee Comment On Regulatory Notice 22-08
Dear FINRA,
Restricting access to leveraged and inverse funds only serves to tip the investing playing-field more in the favor of the wealthy and institutional investors. Moreover, while unconventional, not all inverse funds necessarily carry greater risk of ultimate loss than the general market does. I am a frequent investor in SVXY in particular, and depriving me of this investment opportunity would deprive me of one of the only profitable means of taking relatively simple positions that are ultimately agnostic to the directional movement of the S&P 500. SVXY has offered me one of the few opportunities have thrived when other strategies have might failed or gone flat had the market not drastically rebounded post covid, and I would be deeply distressed and likely financially weaker if I did not have access to this security for future times of crisis.