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Nikolas Petrakis Comment On Regulatory Notice 22-08

Nikolas Petrakis
N/A

It is onerous that regulators would inject themselves in this manner. The right to access markets includes the market in it's entirety. Herding investors away from hedging strategies to falsely inflate already bloated indexes is transparent and dangerous. Erecting barriers to investment in order to slow down entry into leveraged securities, via a pre qualification step, has the same result as denying access because the opportunity to protect wealth is sometimes missed. Without the ability to hedge against a reversal of markets, wealth destruction is incurred for the individual and for the nation. With the ability to hedge remaining in place recoveries take less time and are longer lived. Obstructing access to markets is unpatriotic and unamerican. Do the right thing, do nothing.