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Blake Shipley Comment On Regulatory Notice 22-08

Blake Shipley
N/A

There has never been a period in human history where more knowledge is readily available to the average person. In a time where in depth explanations of these products can be found within 30 seconds, not to mention detailed discussion boards, it's unreasonable to add more restrictions to retail investors.

You should be focusing on removing restrictions instead.

Leveraged and inverse funds provide a readily understood and well regulated option for retail investors to effectively hedge themselves or to take on more risk when desired.

There are already appropriate warnings for these products. If any additional restrictions are implemented, they will only make it harder for retail investors to hedge themselves and drive people seeking more risk to even more unregulated options.