I strongly oppose the proposed regulation limiting investment afforded ordinary investors. The proposed regulation would severely inhibit my ability to hedge and thereby protect my life's savings against adverse economic events. Events that in recent history have become common place. Further, with it becoming blatantly obvious that significant inflation is very much upon us, being able to stay ahead increases in the cost of living via leveraged ETF's (for oil and food based commodities for example) is imperative. This regulation must not be approved and go into effect!
Stephen Nowak Comment On Regulatory Notice 22-08
I strongly oppose the proposed regulation limiting investment afforded ordinary investors. The proposed regulation would severely inhibit my ability to hedge and thereby protect my life's savings against adverse economic events. Events that in recent history have become common place. Further, with it becoming blatantly obvious that significant inflation is very much upon us, being able to stay ahead increases in the cost of living via leveraged ETF's (for oil and food based commodities for example) is imperative. This regulation must not be approved and go into effect!