In my opinion, People should be allowed to choose how they can invest their money to achieve their goals. They are best suited to understand their risk appetite. Putting restrictions on where they can invest and where they can't makes two classes of people, Ones who have the privilege and others who don't. Adding special conditions/processes before they can invest will not have any benefit other then forcing the people to learn to game the system.
One of the strategy I use to improve my investment returns is to use leveraged funds. It gives me the opportunity to take higher risk. I understand the downsides associated with it. I am the only one who understand what my risk appetite is. Government shouldn't make that decision for me.
Adnan Yaqoob Comment On Regulatory Notice 22-08
Hi,
In my opinion, People should be allowed to choose how they can invest their money to achieve their goals. They are best suited to understand their risk appetite. Putting restrictions on where they can invest and where they can't makes two classes of people, Ones who have the privilege and others who don't. Adding special conditions/processes before they can invest will not have any benefit other then forcing the people to learn to game the system.
One of the strategy I use to improve my investment returns is to use leveraged funds. It gives me the opportunity to take higher risk. I understand the downsides associated with it. I am the only one who understand what my risk appetite is. Government shouldn't make that decision for me.