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Zhi Liang Comment On Regulatory Notice 22-08

ZHI LIANG
N/A

I am shocked and disheartened to know that regulations/prospectuses are under consideration to preclude retail investors from trading the Leveraged and Inverse ETFs, such as TQQQ and SQQQ, etc. As a retail investor with limited funds to hedge against market risks, for instance, I often buy SQQQ to protect my tech stock position without holding up a large proportion of my liquidity, which has worked really well to cover my long term holding. Should I be deprived of such a basic right to trade ETFs of this sort, I have to resort to complex option plays or shorts to cover my positions, which will badly compromise my investment strategies. Every retail investor deserves fair play in the stock market. So please don't take our rights away!