I oppose restrictions on my right to invest in leveraged or inverse funds. These funds are important compositions of my portfolio. It makes investment more rewarding for many of us. Without these funds, I will have to invest in stock options instead when I want to use leverage. The restriction on my rights makes it unfair for me in comparison with investment agencies who have more resources, more information, and more professional techniques. In another word, the restriction will make investment more favorable towards large agencies or very rich people than average middle class person such as myself.
Lin Tian Comment On Regulatory Notice 22-08
I oppose restrictions on my right to invest in leveraged or inverse funds. These funds are important compositions of my portfolio. It makes investment more rewarding for many of us. Without these funds, I will have to invest in stock options instead when I want to use leverage. The restriction on my rights makes it unfair for me in comparison with investment agencies who have more resources, more information, and more professional techniques. In another word, the restriction will make investment more favorable towards large agencies or very rich people than average middle class person such as myself.