Hi there, Banning retail access to leveraged products unfairly advantages the richest people in our country. Leveraged broad market indices allow more opportunity for common investors to generate income. There are infinitely more speculative and risky investment choices that the common investor would choose if leveraged products are banned. There is no logical sense in banning a product to everyone but the rich institutional investor. I could see how a disclaimer or a quick quiz, like the one required for options trading, could be used. But an outright ban is nonsense. Thanks.
Dylan Huggins Comment On Regulatory Notice 22-08
Hi there, Banning retail access to leveraged products unfairly advantages the richest people in our country. Leveraged broad market indices allow more opportunity for common investors to generate income. There are infinitely more speculative and risky investment choices that the common investor would choose if leveraged products are banned. There is no logical sense in banning a product to everyone but the rich institutional investor. I could see how a disclaimer or a quick quiz, like the one required for options trading, could be used. But an outright ban is nonsense. Thanks.