Michael Horbowy Comment On Regulatory Notice 22-08
Michael Horbowy
N/A
The last thing investors need is more bureaucracy between us and our desired investments. Publicly traded investments and brokerages already provide substantial disclosures and education for those looking to improve their investment returns. No one stumbles upon inverse, leveraged, or other specialty ETFs or other trading vehicles. We have identified a specific need or opportunity, and seek out investment vehicles aligned with our investment goals and risk tolerance. If the investment has the potential for a loss in excess of 100% of the initial investment, additional disclosure and education may be warranted. But every investor knows that 100% of his/her investment is at risk, and does not need to be reminded every time a trade is placed on a new investment vehicle. Let us manage our finances as we see fit without the burden of further regulation and restriction. No one has time for this.
Michael Horbowy Comment On Regulatory Notice 22-08
The last thing investors need is more bureaucracy between us and our desired investments. Publicly traded investments and brokerages already provide substantial disclosures and education for those looking to improve their investment returns. No one stumbles upon inverse, leveraged, or other specialty ETFs or other trading vehicles. We have identified a specific need or opportunity, and seek out investment vehicles aligned with our investment goals and risk tolerance. If the investment has the potential for a loss in excess of 100% of the initial investment, additional disclosure and education may be warranted. But every investor knows that 100% of his/her investment is at risk, and does not need to be reminded every time a trade is placed on a new investment vehicle. Let us manage our finances as we see fit without the burden of further regulation and restriction. No one has time for this.