Andres De Jesus Comment On Regulatory Notice 22-08
Andres De Jesus
N/A
I would like to make my point why this regulation does not benefit or protect consumers the way FINRA might think:
Leveraged ETF's:
Getting a loan for a mortgage by putting % as down payment is also a leveraged product, not complex at all, are you going to regulate that too? Should people read or pass a test to buy a house? Even more, this is all my MY MONEY not the banks', let me invest it as I see fit.
Volatility funds:
These are essential to hedge against market downturns these days since bonds don't work anymore, why should ordinary people lose the ability to hedge their portfolios?
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Andres De Jesus Comment On Regulatory Notice 22-08
I would like to make my point why this regulation does not benefit or protect consumers the way FINRA might think:
Leveraged ETF's:
Getting a loan for a mortgage by putting % as down payment is also a leveraged product, not complex at all, are you going to regulate that too? Should people read or pass a test to buy a house? Even more, this is all my MY MONEY not the banks', let me invest it as I see fit.
Volatility funds:
These are essential to hedge against market downturns these days since bonds don't work anymore, why should ordinary people lose the ability to hedge their portfolios?