Leveraged funds are critical to my investment strategies. Yes, I have lost money at times, but I understand the risks. A risk I can't plan for is regulation taking away my ability to make the right choice for me and my investment goals and risk appetite.
I think every investor should be allowed to invest in the securities they wish to -- regardless of their net worth.
As a responsible adult, I have to be accountable for my own actions. Accordingly, if I choose to invest in something I don't understand, that's on me. I'd be happy to acknowledge risks and attest that I am willing to take on more risk, but don't be big brother and force a lowest common denominator on to investors.
Erik Emri Comment On Regulatory Notice 22-08
Leveraged funds are critical to my investment strategies. Yes, I have lost money at times, but I understand the risks. A risk I can't plan for is regulation taking away my ability to make the right choice for me and my investment goals and risk appetite.
I think every investor should be allowed to invest in the securities they wish to -- regardless of their net worth.
As a responsible adult, I have to be accountable for my own actions. Accordingly, if I choose to invest in something I don't understand, that's on me. I'd be happy to acknowledge risks and attest that I am willing to take on more risk, but don't be big brother and force a lowest common denominator on to investors.