I oppose restrictions to limit my right to invest in leveraged or Inverse funds. I should be the one to decide if I use these funds and not the regulators. Leverage and Inverse funds are very important part of my Portfolio strategy and by limiting them will adversely affect my investment options. I have used both leveraged and Inverse funds for many years and understand their usage.
Michael Basso Comment On Regulatory Notice 22-08
I oppose restrictions to limit my right to invest in leveraged or Inverse funds. I should be the one to decide if I use these funds and not the regulators. Leverage and Inverse funds are very important part of my Portfolio strategy and by limiting them will adversely affect my investment options. I have used both leveraged and Inverse funds for many years and understand their usage.