It is outrageous that i on a self directed account should not be able to purchase leveraged or inverse securities because someone else wants to babysit me. I should not have a barrier to entry by demonstrating net worth or any other restraints. This is a violation of my freedom to do what i please in the income and money that i have. Seems like a guarding of this assets to be for the most benefited players in the industry to regulate further these securities.
Thais Williams Comment On Regulatory Notice 22-08
It is outrageous that i on a self directed account should not be able to purchase leveraged or inverse securities because someone else wants to babysit me. I should not have a barrier to entry by demonstrating net worth or any other restraints. This is a violation of my freedom to do what i please in the income and money that i have. Seems like a guarding of this assets to be for the most benefited players in the industry to regulate further these securities.