I, not regulators should be able to choose the public
investments that are right for me.
Public investments should be available to all of the public,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I will be responsible for myself to
understanding leveraged and inverse funds
and their risks. No
need regulator put these measures imposed on me.
Hong Xiao Comment On Regulatory Notice 22-08
I, not regulators should be able to choose the public
investments that are right for me.
Public investments should be available to all of the public,
not just the privileged.
I shouldn't have to go through any special process
like passing a test before I can invest in public securities,
like leveraged and inverse funds. I will be responsible for myself to
understanding leveraged and inverse funds
and their risks. No
need regulator put these measures imposed on me.