Skip to main content

Prashanth Sharma Comment On Regulatory Notice 22-08

I should be able to choose the public
investments that are right for me and my family.
Public investments should be available to all of the public,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before you can invest in public securities,
like leveraged and inverse funds. I have been investing in leveraged and inverse funds for more than decade and I am capable of understanding leveraged and inverse funds
and their risks. I do not

Michael Hoffman Comment On Regulatory Notice 22-08

As an investor through Fidelity I am already required to confirm that I understand the risks of such leveraged and inverse funds. Preventing people such as myself from buying these funds entirely is restricting the freedoms of individuals. Requiring checks to ensure the investor understands the risk is fair, yet barring anyone from purchasing them entirely goes against what makes this country and market so great.