Well as usual the government is over reaching. It is okay to risk my money in the market as long as I am losing money. If I take position that I feel will make me money the government steps in and wants to make sure I do not. You still get your "cut" in taxes! Anyway, I still run the same risk that the market will go up and wipe out my short position. I do not need the government trying to teach me about ETF,s. They already do such a good job educating our kids in our public schools. I am sure I can learn a lot on ETF,s from the gov't
John Petry Comment On Regulatory Notice 22-08
Well as usual the government is over reaching. It is okay to risk my money in the market as long as I am losing money. If I take position that I feel will make me money the government steps in and wants to make sure I do not. You still get your "cut" in taxes! Anyway, I still run the same risk that the market will go up and wipe out my short position. I do not need the government trying to teach me about ETF,s. They already do such a good job educating our kids in our public schools. I am sure I can learn a lot on ETF,s from the gov't