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David Gross Comment On Regulatory Notice 22-08

David Gross
N/A

I want to firmly protest the proposed restrictions on inverse trading being considered. Concise cautions for inverse funds are appropriate as is regulatory oversight to prevent fraud in their operation as should be applied to all financial instruments. In my dealings regarding inverse funds precautions are already supplied by the funds themselves and the brokerages like Charles Schwab that provide them. I have a right to purchase these funds without any hindrance once the standards of fiduciary responsibility are met and the information is conveyed. Imposing further restrictions imposes on my right as an American to manage my financial affairs.