Jason Gallagher Comment On Regulatory Notice 22-08
Jason Gallagher
N/A
I oppose the proposed restrictions to accessing leveraged ETFs. Creating a two tier system for wealthy elites verses main street investors is not acceptable. It would be wholly inappropriate to force investors out of leveraged positions during a major market correction simply because the SEC has deemed poor people as idiots. I am disgusted with the SEC's pervasive attitude that main street investors don't understand how to manage leverage. The fact the SEC continues to pursue limitations to expand the "qualified investor" concept just makes it look like the SEC is trying to rig the system. Why don't you do something useful like investigate Warren Buffett for insider trading Activision shares.
Jason Gallagher Comment On Regulatory Notice 22-08
I oppose the proposed restrictions to accessing leveraged ETFs. Creating a two tier system for wealthy elites verses main street investors is not acceptable. It would be wholly inappropriate to force investors out of leveraged positions during a major market correction simply because the SEC has deemed poor people as idiots. I am disgusted with the SEC's pervasive attitude that main street investors don't understand how to manage leverage. The fact the SEC continues to pursue limitations to expand the "qualified investor" concept just makes it look like the SEC is trying to rig the system. Why don't you do something useful like investigate Warren Buffett for insider trading Activision shares.