I shouldn't have to go through any special process like passing a test before I am able to invest in public securities, like leveraged and inverse funds. I have been capable of understanding leveraged and inverse funds and their risks. Perhaps you want to impose these on new investors, however, I do not need these measures imposed on me and it would take away a ton of tax revenue if this activity was limited.
Brian McCune Comment On Regulatory Notice 22-08
I shouldn't have to go through any special process like passing a test before I am able to invest in public securities, like leveraged and inverse funds. I have been capable of understanding leveraged and inverse funds and their risks. Perhaps you want to impose these on new investors, however, I do not need these measures imposed on me and it would take away a ton of tax revenue if this activity was limited.