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Predrag Cvetkovski Comment On Regulatory Notice 22-08

Predrag Cvetkovski
N/A

It is a "free market", and hence I not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I have sat for Chartered Financial Analyst examinations, and I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. Leveraged and inverse funds are important to my investment strategies. I use leverage and inverse funds to help me protect (hedge) my investments or seek enhanced returns, and I use them as a limited part of my overall portfolio. This is a radical and unprecedented threat preventing the normal market functioning and constraining efficient price discovery, the core function of markets. In the interest of preserving the "free market" these restrictions on my right to invest should not be put in place.