Eric Marshall Comment On Regulatory Notice 22-08
Your proposed regulations of inverse and leveraged funds are unnecessary. The prospectuses already give adequate warning of the risks involved in these investments. Your proposed regulation would prevent people like me from benefiting from the investment strategies offered by inverse and leveraged funds. The use of these types of funds also provide a way for IRAs to short markets. Without these funds, I would not be able to short markets in my IRAs to hedge my portfolio in times of down markets.