Maddison Fairburn Comment On Regulatory Notice 22-08
Maddison Fairburn
N/A
- It's abhorrent that regulators are proposing to choose the public investments that are right for me (not regulators). By definition public investments should be available to everyone, not just those who are of high net worth or in privileged positions. - I am university educated and capable of understanding both leveraged and inverse funds and the risks. I shouldn't have to jump through any additional hoops before using them. It's my money and I should be able to choose to do with it as I wish. - The leveraged funds, whilst only composing a small portion of my overall portfolio, play a very important role in my investment strategy. A small portion of my income is directed to the funds for enhanced returns that may enable me to reach financial independence several years earlier than if I were not to use them.
Maddison Fairburn Comment On Regulatory Notice 22-08
- It's abhorrent that regulators are proposing to choose the public investments that are right for me (not regulators). By definition public investments should be available to everyone, not just those who are of high net worth or in privileged positions. - I am university educated and capable of understanding both leveraged and inverse funds and the risks. I shouldn't have to jump through any additional hoops before using them. It's my money and I should be able to choose to do with it as I wish. - The leveraged funds, whilst only composing a small portion of my overall portfolio, play a very important role in my investment strategy. A small portion of my income is directed to the funds for enhanced returns that may enable me to reach financial independence several years earlier than if I were not to use them.