I am against the restriction limiting investment in leveraged and inverse funds. Education of risks of investing in these instruments is needed, but not the ability to buy/ sell these instruments. Limiting the securities could potentially have the unintended consequence of reducing liquidity leading to distorted pricing and adding to volatility.
Jeffrey Wyner Comment On Regulatory Notice 22-08
I am against the restriction limiting investment in leveraged and inverse funds. Education of risks of investing in these instruments is needed, but not the ability to buy/ sell these instruments. Limiting the securities could potentially have the unintended consequence of reducing liquidity leading to distorted pricing and adding to volatility.
Please reconsider your position. Thank you.