I believe all investments should be available to the public; imposing additional restrictions on leveraged and inverse funds is simply a way to preclude the public from investing in good vehicles, essentially reserving these investments for only the wealthy and privileged, which is contrary to the American ideals of justice and liberty for all. I have no problem understanding the theory, trading thesis, and fees of leveraged and inverse funds. There is no need for the government to impose additional tests or barriers to entry. Such behavior basically signals that these leveraged and inverse funds are good investments, and now we the public are prevented access to such good investments, much like how good private equity is only available to high net worth LPs. Thank you for your attention and consideration.
Sue Lin Comment On Regulatory Notice 22-08
I believe all investments should be available to the public; imposing additional restrictions on leveraged and inverse funds is simply a way to preclude the public from investing in good vehicles, essentially reserving these investments for only the wealthy and privileged, which is contrary to the American ideals of justice and liberty for all. I have no problem understanding the theory, trading thesis, and fees of leveraged and inverse funds. There is no need for the government to impose additional tests or barriers to entry. Such behavior basically signals that these leveraged and inverse funds are good investments, and now we the public are prevented access to such good investments, much like how good private equity is only available to high net worth LPs. Thank you for your attention and consideration.