The regulations proposed on leveraged & inverse investments by individuals are another government overreach. It will violate privacy, abrogate individual rights, it will increase costs. The regulations that require brokerages to collect "designated investments" forms are already enough. These investments can be a hedge against down markets, and give an individual access to just one of the tactics that only the truly wealthy can access now. If you want to regulate something, regulate Chinese ADRs!
Joseph Wynne Comment On Regulatory Notice 22-08
The regulations proposed on leveraged & inverse investments by individuals are another government overreach. It will violate privacy, abrogate individual rights, it will increase costs. The regulations that require brokerages to collect "designated investments" forms are already enough. These investments can be a hedge against down markets, and give an individual access to just one of the tactics that only the truly wealthy can access now. If you want to regulate something, regulate Chinese ADRs!