I oppose the restrictions on the public to invest in leveraged and inverse funds. I believe every type of investment was created to meet some need of the public, and they should be made available to everyone. Losing free access to financial tools such as leveraged and inverse funds will shut more doors to the poor and make the rich richer. As long as people are able to get disclosures about the risks of leveraged and inverse funds, it is their own responsiblity to decide what to do with them, we don't need regulators to set threshold of investment for us because there are already many such thresholds in the stock market today.
Ting Yang Comment On Regulatory Notice 22-08
I oppose the restrictions on the public to invest in leveraged and inverse funds. I believe every type of investment was created to meet some need of the public, and they should be made available to everyone. Losing free access to financial tools such as leveraged and inverse funds will shut more doors to the poor and make the rich richer. As long as people are able to get disclosures about the risks of leveraged and inverse funds, it is their own responsiblity to decide what to do with them, we don't need regulators to set threshold of investment for us because there are already many such thresholds in the stock market today.