I am writing to comment against passage of proposed rule #S7-24-15. As a retiree the use of inverse and leveraged funds are important vehicles for managing risk to my retirement. They provide diversification that is not available in any other products. I do not need to be protected from using these products. Indeed if these products had not been available to me my retirement portfolio would be much smaller.
Gary Omlid Comment On Regulatory Notice 22-08
I am writing to comment against passage of proposed rule #S7-24-15. As a retiree the use of inverse and leveraged funds are important vehicles for managing risk to my retirement. They provide diversification that is not available in any other products. I do not need to be protected from using these products. Indeed if these products had not been available to me my retirement portfolio would be much smaller.