Robert Bewersdorf Comment On Regulatory Notice 22-08
Robert Bewersdorf
N/A
As a life-long investor and a former registered representative with a Series 7 license, I learned that each person's investment strategy is unique to their current, as well as future, needs. Also, each individual's net worth may require hedging strategies that only leveraged and inverse funds can provide. To restrict access to these investment products means that regulators know the reasons each person's investment portfolio uses leveraged and inverse funds, and assumes these reasons are somehow counterproductive and/or unsuitable. Any proposal to limit access to these products would instead reduce liquidity and have a negative overall effect on the capital markets.
Robert Bewersdorf Comment On Regulatory Notice 22-08
As a life-long investor and a former registered representative with a Series 7 license, I learned that each person's investment strategy is unique to their current, as well as future, needs. Also, each individual's net worth may require hedging strategies that only leveraged and inverse funds can provide. To restrict access to these investment products means that regulators know the reasons each person's investment portfolio uses leveraged and inverse funds, and assumes these reasons are somehow counterproductive and/or unsuitable. Any proposal to limit access to these products would instead reduce liquidity and have a negative overall effect on the capital markets.