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Litang Gao Comment On Regulatory Notice 22-08

Litang Gao
N/A

I, as an individual investor, OPPOSE RESTRICTIONS TO MY RIGHT TO INVEST in leveraged investment products.

I should be able to choose the public investment products that are right for me and my family. All investment conmmunity should have equal right to access to public investment products, not just the privileged.

I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am capable of understanding the risks and rewards associated with leveraged investment products.

Leveraged investment products are important to your investment strategies. Leverage investment products can be used to enhance investment return or hedge to protect (hedge) my investments.

In general, Leveraged investment products are:
- professionally managed, match well against their targeting index (such as SP500, NASDAQ 100, etc.)
- have lower risk than IPOs, specially those IPOs through SPAC process
- have lower risks than Crypto