I use my own money for my public investments. So I should be able to choose the public investments that align with my financial planning and risk level. I therefore oppose all restrictions to my freedom.
We all need a license to drive, but that's because other people's lives depend upon our driving skills. Investing is different, because only I get affected by my investment decisions, and others can't get adversely affected. Therefore, there should be no licensing for investment of leveraged funds.
Rajiv Bagai Comment On Regulatory Notice 22-08
I use my own money for my public investments. So I should be able to choose the public investments that align with my financial planning and risk level. I therefore oppose all restrictions to my freedom.
We all need a license to drive, but that's because other people's lives depend upon our driving skills. Investing is different, because only I get affected by my investment decisions, and others can't get adversely affected. Therefore, there should be no licensing for investment of leveraged funds.
Thank you for taking my opinion into account.