I oppose ANY restrictions to my right to invest in any securities publicly traded in US exchanges, including leveraged ETFs and inverted ETFs.
I believe that the investors know more about his/her selections of investment than the regulators. The proposed special processes are just unnecessary and, frankly, a bit stupid ways to assume the investors are inferior than regulators.
I strongly propose the regulators to discard any and all efforts to try to impose such restrictions. If they do, it will be definitely challenged by an class suite of all investors in US.
Jichang Guang Comment On Regulatory Notice 22-08
I oppose ANY restrictions to my right to invest in any securities publicly traded in US exchanges, including leveraged ETFs and inverted ETFs.
I believe that the investors know more about his/her selections of investment than the regulators. The proposed special processes are just unnecessary and, frankly, a bit stupid ways to assume the investors are inferior than regulators.
I strongly propose the regulators to discard any and all efforts to try to impose such restrictions. If they do, it will be definitely challenged by an class suite of all investors in US.