Skip to main content

Mark Shryock Comment On Regulatory Notice 22-08

I believe access to these funds should not be limited, but I believe an understanding of the risks associated with their purchase should be affirmed by the purchaser. I am a retired Registered Investment Adviser and use inverse and leveraged products to hedge my personal accounts. This is an inexpensive approach to hedging that does not involve options trading. But I believe the ownership of these products has limited use and that they should not be held long-term in any account, due to price degradation when market indexes are relatively stable.

Douglas Kelly Comment On Regulatory Notice 22-08

I strongly oppose the proposed restrictions and regulations currently being considered. I believe that I should be able to choose the investments that are best for me without hinderance from government regulators. My investment in leveraged funds are an important part of my investment strategy. I should not have to pass any tests or demonstrate my understanding of leveraged funds and their risks. Current explanations of leveraged funds and their risks are adequate.