I am very concerned about recent intentions to limit the publics ability to invest in leveraged and/or inverse funds. No one knows better what investments are right for me than me. I should not be required to prove myself to anyone before being allowed to invest my hard earned money where I see fit. The whole idea of the nanny state where the government needs to take care of me is extremely offensive. These products serve a valuable role during different market conditions. If anything, more financial products should be made available to all, not the other way around.
Sidney Noe Comment On Regulatory Notice 22-08
I am very concerned about recent intentions to limit the publics ability to invest in leveraged and/or inverse funds. No one knows better what investments are right for me than me. I should not be required to prove myself to anyone before being allowed to invest my hard earned money where I see fit. The whole idea of the nanny state where the government needs to take care of me is extremely offensive. These products serve a valuable role during different market conditions. If anything, more financial products should be made available to all, not the other way around.