Stephanie Copeland Comment On Regulatory Notice 22-08
Stephanie Copeland
N/A
Hello,
I'd like to speak up about this proposed regulation concerning inverse and leveraged funds. As an individual investor, without a high net worth, I'd like to say that I'm perfectly capable of assessing investment risk and am aware of the opportunities, advantages and disadvantages of leveraged and inverse funds. I don't need a regulator to tell me what I can and can't invest in, and I don't want to have to prove I can put my money somewhere by taking an exam. I also believe that investment opportunities shouldn't be reserved for the wealthy or privileged alone. People ought to be able to make their own choices and live with the consequences (good or bad) without suffering the "protection" of regulation. These types of funds allow me to hedge other existing positions. Why should I only be allowed to invest in plain vanilla-type instruments while richer and supposedly more "sophisticated" persons can put their money to work in all sorts of esoteric options? I ought to have the same opportunities as anyone else, regardless of situation or financial wherewithal. Why don't you instead merely emphasize the risk factors for these kinds of funds and let people make up their own minds?
Stephanie Copeland Comment On Regulatory Notice 22-08
Hello,
I'd like to speak up about this proposed regulation concerning inverse and leveraged funds. As an individual investor, without a high net worth, I'd like to say that I'm perfectly capable of assessing investment risk and am aware of the opportunities, advantages and disadvantages of leveraged and inverse funds. I don't need a regulator to tell me what I can and can't invest in, and I don't want to have to prove I can put my money somewhere by taking an exam. I also believe that investment opportunities shouldn't be reserved for the wealthy or privileged alone. People ought to be able to make their own choices and live with the consequences (good or bad) without suffering the "protection" of regulation. These types of funds allow me to hedge other existing positions. Why should I only be allowed to invest in plain vanilla-type instruments while richer and supposedly more "sophisticated" persons can put their money to work in all sorts of esoteric options? I ought to have the same opportunities as anyone else, regardless of situation or financial wherewithal. Why don't you instead merely emphasize the risk factors for these kinds of funds and let people make up their own minds?