Greetings, Please do not implement regulations that may limit or prohibit investment in leveraged and inverse funds. Our investments have benefited from such investments. The alternative for my wife and I would be put options which are far riskier than funds such as UDOW, SDOW, SQQQ, etc. Leveraged and inverse funds allow for simple shares to take positions on a given index or sector. Limiting the ablility of any investor to assess the choices available would be a net negative. Thank you very much for considering this input.
Bernard Dalsey Comment On Regulatory Notice 22-08
Greetings, Please do not implement regulations that may limit or prohibit investment in leveraged and inverse funds. Our investments have benefited from such investments. The alternative for my wife and I would be put options which are far riskier than funds such as UDOW, SDOW, SQQQ, etc. Leveraged and inverse funds allow for simple shares to take positions on a given index or sector. Limiting the ablility of any investor to assess the choices available would be a net negative. Thank you very much for considering this input.