I am absolutely oppose limitations on my ability to invest in ANY equities whether they be leverage/inverse, crypto, volatility-linked funds or any other instrument that I am able to freely invest in today.
If you want investors to limit their risks in any investment, ensure that brokers have educational materials on their websites when someone attempts to buy into what might be considered higher-risk investments. Require investors to pass a test if need be in order to proceed with their purchase.
Blanket restrictions do not work and will result in investors seeking to invest in other global markets wherein such restrictions do not exist causing outflow in our capital markets.
Raymond Heiss Comment On Regulatory Notice 22-08
I am absolutely oppose limitations on my ability to invest in ANY equities whether they be leverage/inverse, crypto, volatility-linked funds or any other instrument that I am able to freely invest in today.
If you want investors to limit their risks in any investment, ensure that brokers have educational materials on their websites when someone attempts to buy into what might be considered higher-risk investments. Require investors to pass a test if need be in order to proceed with their purchase.
Blanket restrictions do not work and will result in investors seeking to invest in other global markets wherein such restrictions do not exist causing outflow in our capital markets.
Thanks,
Raymond Heiss