It poses a severe threat towards market fairness. It's like preventing people from skiing because it's dangerous, but except the rich ones. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.
Wei Qian Comment On Regulatory Notice 22-08
It poses a severe threat towards market fairness. It's like preventing people from skiing because it's dangerous, but except the rich ones. Retail traders or investors should be able to freely choose whatever products that fit their trading strategies. Finance is NOT only for the rich or the privileged. We know what leveraged funds are. Also, the liquidity will be severely affected if passed.