WE OPPOSE RESTRICTIONS TO OUR RIGHT TO INVEST. We not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. We 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. We fully understand leveraged and inverse funds and their risks. Therefore we do not need these measures imposed on us. Leveraged and inverse funds are important to our investment strategies. We use leverage and inverse funds to help us protect our investments and seek enhanced returns, and we use them as a limited part of our overall portfolio. We are well educated investor and we want to have all tools to invest our money in publicly traded stock and all kinds of ETF without any restriction!
Jiannong Dai Comment On Regulatory Notice 22-08
WE OPPOSE RESTRICTIONS TO OUR RIGHT TO INVEST. We not regulators should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged. We 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. We fully understand leveraged and inverse funds and their risks. Therefore we do not need these measures imposed on us. Leveraged and inverse funds are important to our investment strategies. We use leverage and inverse funds to help us protect our investments and seek enhanced returns, and we use them as a limited part of our overall portfolio. We are well educated investor and we want to have all tools to invest our money in publicly traded stock and all kinds of ETF without any restriction!