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Tom Mannos Comment On Regulatory Notice 22-08

Leveraged and inverse funds are an important part of an investment strategy. They can help to reduce risk as well as boost returns when combined with a balanced, diversified portfolio. Like all investment vehicles, they can be used improperly, but this fact should not be used to restrict trading or especially to limit them to high-income investors. It is not fair to give accredited investors such a significant advantage over regular investors when it comes to hedging their positions.

Davin Ashraf Comment On Regulatory Notice 22-08

Please do not reduce the investing freedom of individual investors. We should be free to make our own investing decisions, whether they are wise or not - that is our decision to make. This would further stack the deck against individuals, when institutional investing firms already have myriad tools and freedoms that are not given to average people. Furthermore, these firms have shown no better judgment - see Bill Hwang or the entire banking system in 2008.

Eric Gailus Comment On Regulatory Notice 22-08

I dont agree with adding restrictions on public investments. I like having a variety of fund vehicles that allow me to tailor different parts of my family portfolio to best align with our plans. I am planning to use some of these vehicles to hedge retirement withdrawals, so we won't be hammered by reverse-dollar-cost-averaging. New restrictions will not prevent irresponsible individuals from decimating their familys assets because their proclivities will cause them to gravitate towards even more risky investments such as gambling.