I am extremely disappointed that limiting our investments in leverage/inverse products is even being considered. I have invested in these products for years. The idea of a bureaucratic determination of the complexity of an investment, of which these are not, seems to be overly vague, unconstitutional and violative of our civil rights. Please note my strong opposition to any proposal to limit our rights of investment opportunities in leveraged and inverse shares.
John Hull Comment On Regulatory Notice 22-08
I am extremely disappointed that limiting our investments in leverage/inverse products is even being considered. I have invested in these products for years. The idea of a bureaucratic determination of the complexity of an investment, of which these are not, seems to be overly vague, unconstitutional and violative of our civil rights. Please note my strong opposition to any proposal to limit our rights of investment opportunities in leveraged and inverse shares.