Christopher Gerber Comment On Regulatory Notice 22-08
Christopher Gerber
N/A
I am concerned that broad strokes are being made to decide what is overall the right investments for the American public. More and more investments are being put in the domain of "accredited investors" and it is going to prevent the American people from being successful. People, not regulators, should be able to choose the types of public investments that are right for them and their families. Public investment should be available to all of the public, not just the privileged. If special approval processes are necessary, it should be up to the individual investor and their investment advisor to decide if these types of investments are right for them, not their ability to pass a test. People who are interested in these types of leveraged and inverse funds are capable of understanding how they work and the risks involved. I consider leveraged and inverse funds to be an important part of my investment strategy. I frequently use them to hedge my other investments and to protect against overall market volatility. I feel the press and FINRA are getting too hung up on people using leveraged funds to seek enhanced returns, which is what is ultimately driving people to consider this their purpose. I think the overall issue is the lack of investment in education in this country is the issue that needs to be focused upon, and not continuing to put Band-Aids on things that ultimately hurt investors like myself who are just working on generating enough wealth to be considered an accredited investor.
Christopher Gerber Comment On Regulatory Notice 22-08
I am concerned that broad strokes are being made to decide what is overall the right investments for the American public. More and more investments are being put in the domain of "accredited investors" and it is going to prevent the American people from being successful. People, not regulators, should be able to choose the types of public investments that are right for them and their families. Public investment should be available to all of the public, not just the privileged. If special approval processes are necessary, it should be up to the individual investor and their investment advisor to decide if these types of investments are right for them, not their ability to pass a test. People who are interested in these types of leveraged and inverse funds are capable of understanding how they work and the risks involved. I consider leveraged and inverse funds to be an important part of my investment strategy. I frequently use them to hedge my other investments and to protect against overall market volatility. I feel the press and FINRA are getting too hung up on people using leveraged funds to seek enhanced returns, which is what is ultimately driving people to consider this their purpose. I think the overall issue is the lack of investment in education in this country is the issue that needs to be focused upon, and not continuing to put Band-Aids on things that ultimately hurt investors like myself who are just working on generating enough wealth to be considered an accredited investor.