Michael LaVette Comment On Regulatory Notice 22-08
Michael LaVette
N/A
I think this is a very bad idea. Restricting the every day investor's access to inverse funds is yet another way to keep him/ her from protecting a portfolio from any harmful or destructive actions committed by government and Wall Street actors. It would be yet another regulation that is blatantly rigging the game against the little guy. In a free country, people are supposed to be able to make their own investment choices, which they believe would be best for them and their family. There should not be a net worth threshold to qualify for this right to invest as you choose. Notions like this- establishing parameters for investors to satisfy in order to make their own choices in life- are elitist, and cruel.
Michael LaVette Comment On Regulatory Notice 22-08
I think this is a very bad idea. Restricting the every day investor's access to inverse funds is yet another way to keep him/ her from protecting a portfolio from any harmful or destructive actions committed by government and Wall Street actors. It would be yet another regulation that is blatantly rigging the game against the little guy. In a free country, people are supposed to be able to make their own investment choices, which they believe would be best for them and their family. There should not be a net worth threshold to qualify for this right to invest as you choose. Notions like this- establishing parameters for investors to satisfy in order to make their own choices in life- are elitist, and cruel.