Christopher Yip Comment On Regulatory Notice 22-08
Christopher Yip
N/A
I disagree with the notion that only high net worth investors should be qualified for leveraged ETF products. While you are seemingly attempting to protect unsophisticated investors from having to deal with losses, you are simultaneously broadly removing investors with a higher risk profile whom understand the risks, from participating. Discrimination masked as protection in other words.
Christopher Yip Comment On Regulatory Notice 22-08
I disagree with the notion that only high net worth investors should be qualified for leveraged ETF products. While you are seemingly attempting to protect unsophisticated investors from having to deal with losses, you are simultaneously broadly removing investors with a higher risk profile whom understand the risks, from participating. Discrimination masked as protection in other words.