I am not opposed to the idea of requiring some amount of education on leveraged and inverse funds, but I think it is critical that any retail investor be able to invest some time and clear the bar. The "demonstrate a high net worth" limitation is 100% inequitable. The education should be geared toward actually spreading knowledge and and should not be focused on prohibiting access.
Aaron Welsh Comment On Regulatory Notice 22-08
Hello,
I am not opposed to the idea of requiring some amount of education on leveraged and inverse funds, but I think it is critical that any retail investor be able to invest some time and clear the bar. The "demonstrate a high net worth" limitation is 100% inequitable. The education should be geared toward actually spreading knowledge and and should not be focused on prohibiting access.
Thank you.