I have been actively participating the FREE U. S. stock market for 20 years. I am against to the restrictions on investing specific products by regulators. First of all I need these leveraged and inverse funds to protect and making gains of my portfolio. Secondary the current regulations are enough to protect investors. Added restrictions will unnecessarily putting burdens on small investors like me. Thirdly, most of investors are careful and have common senses to invest these products.
Wen Chen Comment On Regulatory Notice 22-08
I have been actively participating the FREE U. S. stock market for 20 years. I am against to the restrictions on investing specific products by regulators. First of all I need these leveraged and inverse funds to protect and making gains of my portfolio. Secondary the current regulations are enough to protect investors. Added restrictions will unnecessarily putting burdens on small investors like me. Thirdly, most of investors are careful and have common senses to invest these products.