Cristiano Sacchi Comment On Regulatory Notice 22-08
Cristiano Sacchi
N/A
I believe investors should be free to select the securities they deem best in pursuing their investments goals without restrictions or special processes/requirements.
I have successfully used leveraged and inverse funds for years and they are an intrinsic component of my investment strategy. My long term returns would be significantly negatively impacted if these funds would not be available to me.
In order to achieve the same exposure to the market I would be forced to construct very complex positions that mimic what these funds are so conveniently packaging in a single security. This would significantly increase the complexity of my portfolio and add the risk of making mistakes in the construction of such complex structures.
These type of securities in fact are increasing choice and simplifying investments and should remain available to all investors rather than just privileged individuals that have the means to replicate their behavior through complex structures.
Cristiano Sacchi Comment On Regulatory Notice 22-08
I believe investors should be free to select the securities they deem best in pursuing their investments goals without restrictions or special processes/requirements.
I have successfully used leveraged and inverse funds for years and they are an intrinsic component of my investment strategy. My long term returns would be significantly negatively impacted if these funds would not be available to me.
In order to achieve the same exposure to the market I would be forced to construct very complex positions that mimic what these funds are so conveniently packaging in a single security. This would significantly increase the complexity of my portfolio and add the risk of making mistakes in the construction of such complex structures.
These type of securities in fact are increasing choice and simplifying investments and should remain available to all investors rather than just privileged individuals that have the means to replicate their behavior through complex structures.