Government regulators must not impose arbitrary restrictions on private investors.
Many capital investments carry risk. Leveraged and inverse funds are central to my investment strategies, and I do not need -- nor will I appreciate -- interference with my basic right to purchase, hold, and trade them.
There is no legally-coherent or ethically-defensible rationale for adding additional constraints to my ability to freely and responsibly practice capitalism as I personally see fit within already-established laws and regulations.
My portfolio belongs to me; do not try to change the rules about what I can and cannot do with it.
Chad Russell Comment On Regulatory Notice 22-08
Government regulators must not impose arbitrary restrictions on private investors.
Many capital investments carry risk. Leveraged and inverse funds are central to my investment strategies, and I do not need -- nor will I appreciate -- interference with my basic right to purchase, hold, and trade them.
There is no legally-coherent or ethically-defensible rationale for adding additional constraints to my ability to freely and responsibly practice capitalism as I personally see fit within already-established laws and regulations.
My portfolio belongs to me; do not try to change the rules about what I can and cannot do with it.