As an investment professional, using these products in a responsible way with educated investors are an important to managing appropriate risk depending on market conditions. For less affluent retail investors who may not be able to use margin, options, or shorting strategies on their own, these products can give them access to strategies that can help them hedge their risk. These products are crucial to the democratization of financial markets as it gives retail investors some of the tools that only institutions could only use in the past for wealthy individuals.
Paul Teufel Comment On Regulatory Notice 22-08
As an investment professional, using these products in a responsible way with educated investors are an important to managing appropriate risk depending on market conditions. For less affluent retail investors who may not be able to use margin, options, or shorting strategies on their own, these products can give them access to strategies that can help them hedge their risk. These products are crucial to the democratization of financial markets as it gives retail investors some of the tools that only institutions could only use in the past for wealthy individuals.