I believe that investors such as myself should continue to have access to L&I ETFs, funds, and including derivatives such as options on such products. They are useful for hedging in the short term and in general i believe that investors should have this choice. The reason is they are far more efficient than trying to take short positions or selling shares in positions where we desire long term positioning. I monitor my accounts daily. Removing this choice would be a far worse outcome in my view. Further, my broker/custodian already provides adequate warnings on risks.
John Edwards Comment On Regulatory Notice 22-08
I believe that investors such as myself should continue to have access to L&I ETFs, funds, and including derivatives such as options on such products. They are useful for hedging in the short term and in general i believe that investors should have this choice. The reason is they are far more efficient than trying to take short positions or selling shares in positions where we desire long term positioning. I monitor my accounts daily. Removing this choice would be a far worse outcome in my view. Further, my broker/custodian already provides adequate warnings on risks.
Thank you for listening.