Just stop with the nanny state already. Enforce the rules you already have and obtain convictions for the fraud and malevolence which are everywhere in our financial markets. If you cannot prevent the looting at the ARK funds, or the huge batch of highly questionable IPO's from 1H 2022, what business do you have regulating leveraged instruments. There was huge risk to investing in TDOC or SHOP, yet these companies are available to anyone? I especially object to regulating leverage on S&P 500 related instruments which cover a very well balanced and diversified portfolio of the largest and best capitalized (and least risky) corporates. Just stop. Stop the fraud with the rules you already have.
Cary Hughes Comment On Regulatory Notice 22-08
Just stop with the nanny state already. Enforce the rules you already have and obtain convictions for the fraud and malevolence which are everywhere in our financial markets. If you cannot prevent the looting at the ARK funds, or the huge batch of highly questionable IPO's from 1H 2022, what business do you have regulating leveraged instruments. There was huge risk to investing in TDOC or SHOP, yet these companies are available to anyone? I especially object to regulating leverage on S&P 500 related instruments which cover a very well balanced and diversified portfolio of the largest and best capitalized (and least risky) corporates. Just stop. Stop the fraud with the rules you already have.