Investing in leveraged and inverse funds are super import to me. Because I use them to hedge my positions. I believe they are much safer than using options to hedge my positions. If they are disallowed, I would need to use options to hedge, which are super risky. I used to lose a lot of money in options and don't want to touch it again. Basically, I think the public investments shouldn't be only available to only privileged. And losing this way would make lots of people trading with options/futures, which would make them losing everything in one day.
Ximing Wang Comment On Regulatory Notice 22-08
Investing in leveraged and inverse funds are super import to me. Because I use them to hedge my positions. I believe they are much safer than using options to hedge my positions. If they are disallowed, I would need to use options to hedge, which are super risky. I used to lose a lot of money in options and don't want to touch it again. Basically, I think the public investments shouldn't be only available to only privileged. And losing this way would make lots of people trading with options/futures, which would make them losing everything in one day.