Dear sir or madam, Individual investors, such as myself should be able to make the investments we want that are right for our families. We should not have to pass tests to invest in leveraged and inverse funds and trade in options. These strategies are critical to my families overall investment strategy as we near retirement age. I depend upon the returns I am able to make by trading in ETF funds, some of which are inverse funds. Please do not make it more difficult for average, small traders to protect our portfolio's by adding new restrictions and requirements to my ability to trade in leveraged funds and inverse ETF funds such as the UVXY.
Chuck Adams Comment On Regulatory Notice 22-08
Dear sir or madam, Individual investors, such as myself should be able to make the investments we want that are right for our families. We should not have to pass tests to invest in leveraged and inverse funds and trade in options. These strategies are critical to my families overall investment strategy as we near retirement age. I depend upon the returns I am able to make by trading in ETF funds, some of which are inverse funds. Please do not make it more difficult for average, small traders to protect our portfolio's by adding new restrictions and requirements to my ability to trade in leveraged funds and inverse ETF funds such as the UVXY.