Michael Buckley Comment On Regulatory Notice 22-08
Michael Buckley
N/A
I have been safely and profitably investing in a leveraged, inverse fund for years in taxed and tax-deferred accounts.and have been investing in stocks, bonds and derivatives for decades. Leveraged, inverse funds are only a small part of my investment portfolio and are an even smaller part of my net worth. I understand the risks and mitigate them by buying shares only when the risk is relatively low and the opportunity for profit is relatively high. So, I don't want the government allegedly protecting me by issuing regulations that limit my investing opportunities. It's understandable that I take a test to drive a car because driving one puts others at risk. However, my investments put only me at risk, so no test is appropriate.
Michael Buckley Comment On Regulatory Notice 22-08
I have been safely and profitably investing in a leveraged, inverse fund for years in taxed and tax-deferred accounts.and have been investing in stocks, bonds and derivatives for decades. Leveraged, inverse funds are only a small part of my investment portfolio and are an even smaller part of my net worth. I understand the risks and mitigate them by buying shares only when the risk is relatively low and the opportunity for profit is relatively high. So, I don't want the government allegedly protecting me by issuing regulations that limit my investing opportunities. It's understandable that I take a test to drive a car because driving one puts others at risk. However, my investments put only me at risk, so no test is appropriate.