It poses a severe threat towards market fairness. It's like locking people in home because of Flu, but except the rich ones. All retail traders or investors should be able to freely choose whatever products that fit their trading strategies.
Finance is NOT only for the rich or the privileged. Raising the bars limits our capabilities. We know what leveraged or inverse funds are. Also, the liquidity will be severely affected if passed.
Alexander Love Comment On Regulatory Notice 22-08
It poses a severe threat towards market fairness. It's like locking people in home because of Flu, but except the rich ones. All retail traders or investors should be able to freely choose whatever products that fit their trading strategies.
Finance is NOT only for the rich or the privileged. Raising the bars limits our capabilities. We know what leveraged or inverse funds are. Also, the liquidity will be severely affected if passed.