I believe that I have all the knowledge and financial ability to invest in leveraged and inverse funds without passing special qualifications. I do not want these additional restrictions on my investing. Like many investors, I use these investments for only a fraction of my portfolio, and consider them an offset to the risk of investing in individual stocks.
Alan Friedman Comment On Regulatory Notice 22-08
I believe that I have all the knowledge and financial ability to invest in leveraged and inverse funds without passing special qualifications. I do not want these additional restrictions on my investing. Like many investors, I use these investments for only a fraction of my portfolio, and consider them an offset to the risk of investing in individual stocks.