Retail investors are already severely limited in our investment options both via long only accounts and by a lack of access to alternative investments available to accredited investors. I oppose any and all limitations on my ability to utilize leveraged / inverse funds to meet my investment objectives. These tools are vital in my personal risk management and provide the opportunity for asymmetric returns not available through any other vehicle. The disclosures and notices routinely provided by my broker are sufficiently clear on the risks and limitations of these instruments for anyone who cares to be informed. Any potential harm to individuals who misuse these products is far outweighed by the harm it causes their responsible use by investors such as myself. Again, I oppose any and all limitations whether through new requirements, disclosures, or barriers to their use.
Mark Nahra Comment On Regulatory Notice 22-08
Retail investors are already severely limited in our investment options both via long only accounts and by a lack of access to alternative investments available to accredited investors. I oppose any and all limitations on my ability to utilize leveraged / inverse funds to meet my investment objectives. These tools are vital in my personal risk management and provide the opportunity for asymmetric returns not available through any other vehicle. The disclosures and notices routinely provided by my broker are sufficiently clear on the risks and limitations of these instruments for anyone who cares to be informed. Any potential harm to individuals who misuse these products is far outweighed by the harm it causes their responsible use by investors such as myself. Again, I oppose any and all limitations whether through new requirements, disclosures, or barriers to their use.