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?
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?