You have not presented any evidence to show that consumers should lose the right to invest. Nor, as far as i know, have you presented any evidence that consumers using leveraged and inverse funds perform less satisfactorily than financial advisors. This appears to be a move to support the financial advisor industry with the restrictions negatively affecting the rest of us. Why are you supporting the "big" guys and gals by restricting the rest of us?
John Lesar Comment On Regulatory Notice 22-08
You have not presented any evidence to show that consumers should lose the right to invest. Nor, as far as i know, have you presented any evidence that consumers using leveraged and inverse funds perform less satisfactorily than financial advisors. This appears to be a move to support the financial advisor industry with the restrictions negatively affecting the rest of us. Why are you supporting the "big" guys and gals by restricting the rest of us?