I've been investing all my life since childhood. Forcing me to liquidate my investments at the bottom of a recession would unfairly cause me capital losses and only benefit the exclusive 1% high net worth individuals that would benefit from leveraged funds. This is not in the fiduciary interest of the average investor. I'd probably as a result get out of investing in the market altogether as it's too rigged to benefit those in power.
Eric Wan Comment On Regulatory Notice 22-08
I've been investing all my life since childhood. Forcing me to liquidate my investments at the bottom of a recession would unfairly cause me capital losses and only benefit the exclusive 1% high net worth individuals that would benefit from leveraged funds. This is not in the fiduciary interest of the average investor. I'd probably as a result get out of investing in the market altogether as it's too rigged to benefit those in power.