I firmly believe everyone should be given the chance and freedom to invest in what they like as long as the risk is disclosed to them and they understand the risk. In my case I believe I fully understand the risks of leveraged ETFs before making my investments. Removing this freedom will definitely harm the efficiency of the market. Even if people's freedom in investments is reduced, there are always some investors nevertheless who will lose money regardless of products.
Kevin Lam Comment On Regulatory Notice 22-08
I firmly believe everyone should be given the chance and freedom to invest in what they like as long as the risk is disclosed to them and they understand the risk. In my case I believe I fully understand the risks of leveraged ETFs before making my investments. Removing this freedom will definitely harm the efficiency of the market. Even if people's freedom in investments is reduced, there are always some investors nevertheless who will lose money regardless of products.