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Bryan W Griffin Comment On Regulatory Notice 22-08

Please don't limit investment options for investors. While some may not understand how complex products work, those of us who do find these particularly beneficial at times. For example, since the beginning of 2022 both equity and bond markets have stumbled while interest rates have increased. Because of inverse treasury funds like TBX and TBF, interest rate tracking funds like PFIX, and inverse market funds like SH (inverse of the SP 500), I have been able to maintain and grow my family's portfolio.

Brett Chase Comment On Regulatory Notice 22-08

Comments: As someone with the CFA designation that uses triple leveraged funds for their personal investment strategy, I do not feel that this rule should be passed. In economic downturns line were are experiencing, the use of triple leverage funds can be extremely advantageous for investors that understand the risks associated with such investments and track their investment performance. Disclosures around these funds provide adequate warning to investors using them for aggressive strategies and act as a means of discouragement for less seasoned investors.