Dear Sir or madam,
I am writing in opposition to Regulatory Notice #22-08. As a client at TDAmeritrade, I self direct my investments and understand the risks and potential benefits of using leveraged funds, funds that use margin, aggressive funds, emerging market funds, etc. Asking the investment firms to have acknowledgement from investors that they understand the risk vs benefit of more leveraged or aggressive funds would be fine. But to limit leveraged and very aggressive funds to only institutional and certified investors is overstepping the bounds that has made self directed investment an American staple.
Timothy Ulrich Comment On Regulatory Notice 22-08
Dear Sir or madam,
I am writing in opposition to Regulatory Notice #22-08. As a client at TDAmeritrade, I self direct my investments and understand the risks and potential benefits of using leveraged funds, funds that use margin, aggressive funds, emerging market funds, etc. Asking the investment firms to have acknowledgement from investors that they understand the risk vs benefit of more leveraged or aggressive funds would be fine. But to limit leveraged and very aggressive funds to only institutional and certified investors is overstepping the bounds that has made self directed investment an American staple.