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Cheuk Chan Comment On Regulatory Notice 22-08

Cheuk Chan
N/A

From my understanding, public investments should be available to all of the public, not just the privileged. This is my right to choose and invest all types of public investments as I want to, not being forced to invest on the selected section of the market.

I shouldnt have to go through any special process like passing a test before I can invest in public securities, like leveraged and inverse funds. I have observed and traded ETFs actively and I know the mechanism about how does it reflect the market trend and I do not need these measures imposed on me.

Leveraged and inverse funds are important to my investment strategy. All of my current stocks are at negative balance; total of 51% of loss. I invested on leveraged and inverse funds which helps me to gain back 25% of the financial loss on my portfolio. This strategy helps me to protect my investment and allows me to seek enhanced return when the market trend has changed.

With the points that I have mentioned above, I strongly oppose restrictions on my right to invest in public investments.