Hello, I heard that there's going to be a regulation on leveraged and inverse funds. I know that the market hasn't been good lately and I assume it negatively impacted many individuals, but I believe that's similar to the regular stock market. I admit that there are dangeroud funds (TQQQ or SQQQ) but many funds are a good way for people to distribute the stock evenly and many times better than purchasing just one company's stock. I believe it's wrong to just regulate all funds when there are many helpful funds that are better than purchasing single company stock. Please reconsider this regulation. Individual should be in charge of the investment not the regulators.
Doyoung Kim Comment On Regulatory Notice 22-08
Hello, I heard that there's going to be a regulation on leveraged and inverse funds. I know that the market hasn't been good lately and I assume it negatively impacted many individuals, but I believe that's similar to the regular stock market. I admit that there are dangeroud funds (TQQQ or SQQQ) but many funds are a good way for people to distribute the stock evenly and many times better than purchasing just one company's stock. I believe it's wrong to just regulate all funds when there are many helpful funds that are better than purchasing single company stock. Please reconsider this regulation. Individual should be in charge of the investment not the regulators.