With respect, I should be able to choose the public investments that are right for me and my family.
Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks as should anyone participating in the market. As such, I do not need these measures imposed on me.
John Phillips Comment On Regulatory Notice 22-08
With respect, I should be able to choose the public investments that are right for me and my family.
Public investments should be available to all of the public, not just the privileged. I shouldn't have to go through any special process like passing a test before I can invest in public securities like leveraged and inverse funds. I am capable of understanding leveraged and inverse funds and their risks as should anyone participating in the market. As such, I do not need these measures imposed on me.