No new regulations need to be added. Protecting retail investors is just an excuse. Everyone enters knowing the risk they face. Everyone accept their own mistakes, they don't think to themselves if only the government had stopped me. Even if a few undisciplined traders fail, doesn't mean everyone else should be punished. Leverage assets can either make you or break you. Yet politicians would rather we go gamble at the casino.
li Trinh Comment On Regulatory Notice 22-08
No new regulations need to be added. Protecting retail investors is just an excuse. Everyone enters knowing the risk they face. Everyone accept their own mistakes, they don't think to themselves if only the government had stopped me. Even if a few undisciplined traders fail, doesn't mean everyone else should be punished. Leverage assets can either make you or break you. Yet politicians would rather we go gamble at the casino.