Skip to main content

Angela Allberry Comment On Regulatory Notice 22-08

I own some shares in ProShares, a mutual fund that I own as a hedge - in case the market turns nasty (as it is now), at least something will keep its value. ProShares is a publicly traded company, and bought on the advice of Vanguard, the largest brokerage/ mutual fund company in the world. I don't like you "protecting" me by telling me what I can and cannot invest in - or whether I can invest at all.

Jonathan Jaffe Comment On Regulatory Notice 22-08

I am not in favor of limiting investor choice when it comes to these types of funds, which allow investors an element of diversification with reduced committment of funds, which is especially useful given the high degree of correlation of all common stocks and bonds in the current Fed-related stock market correction. It may allow investors the ability to confiently hold core portfolios long term (it does in my case).

Richard Voigt Comment On Regulatory Notice 22-08

For the past decade I have invested a small fraction of my portfolio (between 1 and 4%) in leveraged mutual funds and ETFs. I realize that these are quite risky and that rebalancing is required. But a careful investor who is mathematically inclined is capable of handling them. The people you propose to prohibit from trading leverages funds are exactly those who should be able to continue doing so, with their own money.