I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged like hedge fund institutions. I understand a financial risk with these funds and know the consequences of covering the losses. You should not be the judge of imposing conditional regulations on each individual investors. When you ban individual investors in buying leveraged and inverse funds while you allow certain institutions without a limit, this will certainly open up the door for institutions take a clear financial advantage. The integrity of the fair market activity will be lost. This will promote more market manipulations. Regulator's job is to apply the same rules for all. If not, regulator itself should be investigated for a fair practice.
Sun Lee Comment On Regulatory Notice 22-08
I should be able to choose the public investments that are right for me and my family. Public investments should be available to all of the public, not just the privileged like hedge fund institutions. I understand a financial risk with these funds and know the consequences of covering the losses. You should not be the judge of imposing conditional regulations on each individual investors. When you ban individual investors in buying leveraged and inverse funds while you allow certain institutions without a limit, this will certainly open up the door for institutions take a clear financial advantage. The integrity of the fair market activity will be lost. This will promote more market manipulations. Regulator's job is to apply the same rules for all. If not, regulator itself should be investigated for a fair practice.