I strongly disagree with the proposed regulations to limit the public securities that individuals can purchase. Having access to leveraged and inverse products allows individuals to protect themselves as integral parts of their portfolios and create opportunities to build wealth. There are obviously risks associated with these products, as there are with all investments, but deciding on ones risk tolerance should be an individuals decision, not regulators.
Gerald Shugart Comment On Regulatory Notice 22-08
I strongly disagree with the proposed regulations to limit the public securities that individuals can purchase. Having access to leveraged and inverse products allows individuals to protect themselves as integral parts of their portfolios and create opportunities to build wealth. There are obviously risks associated with these products, as there are with all investments, but deciding on ones risk tolerance should be an individuals decision, not regulators.