The extremely wealthy have all sorts of extra tools and methods to protect their wealth. I know, because I have worked most of my life for hedge funds and family offices. For the more ordinary individual, one of the only practical ways to protect their equity investments from economic turmoil is through inverse funds and leveraged funds. Please, please do not do anything to limits these important investment funds. These leveraged and inverse funds should be available to all. Thanks for your consideration.
Dave Gillespie Comment On Regulatory Notice 22-08
The extremely wealthy have all sorts of extra tools and methods to protect their wealth. I know, because I have worked most of my life for hedge funds and family offices. For the more ordinary individual, one of the only practical ways to protect their equity investments from economic turmoil is through inverse funds and leveraged funds. Please, please do not do anything to limits these important investment funds. These leveraged and inverse funds should be available to all. Thanks for your consideration.