Dustin Starbuck Comment On Regulatory Notice 22-08
Dustin Starbuck
N/A
Quit trying to help or protect me the "small" individual investor. Restricting my access to protect my portfolio by restricting access to inverse or leveraged funds is paternalistic and will only cause damage to small investors. The big money interests can hedge their portfolios but you would not let the little guy. Thus, the little investor will suffer the drawdowns & crashes while the money interest will profit since they will be able to protect themselves using inverse hedges and leveraged products.
Government should get out of the way. Protect investors from fraud but do not restrict investment options.
Dustin Starbuck Comment On Regulatory Notice 22-08
Quit trying to help or protect me the "small" individual investor. Restricting my access to protect my portfolio by restricting access to inverse or leveraged funds is paternalistic and will only cause damage to small investors. The big money interests can hedge their portfolios but you would not let the little guy. Thus, the little investor will suffer the drawdowns & crashes while the money interest will profit since they will be able to protect themselves using inverse hedges and leveraged products.
Government should get out of the way. Protect investors from fraud but do not restrict investment options.