This is absurd to say what someone can and cant invest in for the everyday person. We are all capable of understanding what risks are involved as everything in the market comes with risk. I do a lot of investing and trading using leveraged funds and have not had an issue and its where a vast majority of my trading comes from. All this without any kind of test. Its insulting to take away so much funds and act like this is doing anyone a favor. I dont need anyone to tell me that I cant handle this kind of fund without taking a test first, or that I need a certain net worth. Seems like yet another way to punish the average person. We dont need or want these changed and can understand the risk vs reward that comes with all facets of the market. Dont put unwanted changes that only benefit big players. We dont need a repeat of how AMC was locked out of retail traders while big institutions can do whatever they want
Tj Oustin Comment On Regulatory Notice 22-08
This is absurd to say what someone can and cant invest in for the everyday person. We are all capable of understanding what risks are involved as everything in the market comes with risk. I do a lot of investing and trading using leveraged funds and have not had an issue and its where a vast majority of my trading comes from. All this without any kind of test. Its insulting to take away so much funds and act like this is doing anyone a favor. I dont need anyone to tell me that I cant handle this kind of fund without taking a test first, or that I need a certain net worth. Seems like yet another way to punish the average person. We dont need or want these changed and can understand the risk vs reward that comes with all facets of the market. Dont put unwanted changes that only benefit big players. We dont need a repeat of how AMC was locked out of retail traders while big institutions can do whatever they want