I want to invest in what I want and make my own decision. Leveraged funds, inverse funds, etc. I don't need you to "protect" me be taking my options off the table. I shouldn't have to go through any special process like passing a test or anything else. I use these funds to hedge risks or double down on high-conviction shorter term trades. You will hurt me and many others like me with this regulation. We don't need it and we don't want it.
John Laberee Comment On Regulatory Notice 22-08
I want to invest in what I want and make my own decision. Leveraged funds, inverse funds, etc. I don't need you to "protect" me be taking my options off the table. I shouldn't have to go through any special process like passing a test or anything else. I use these funds to hedge risks or double down on high-conviction shorter term trades. You will hurt me and many others like me with this regulation. We don't need it and we don't want it.