I believe it is the prerogative of individual investors to choose for themselves their risk appetite. Placing such strict regulation on leveraged investment vehicles would do very little to protect a select few investors and very much to send destructive ripples through the entire investing community. I strongly oppose such regulation and favor instead a free market approach where, as mentioned above, investors freely choose the vehicles that support their appetite for risk.
Lexton Droubay Comment On Regulatory Notice 22-08
I believe it is the prerogative of individual investors to choose for themselves their risk appetite. Placing such strict regulation on leveraged investment vehicles would do very little to protect a select few investors and very much to send destructive ripples through the entire investing community. I strongly oppose such regulation and favor instead a free market approach where, as mentioned above, investors freely choose the vehicles that support their appetite for risk.