It is the responsibility of regulators to ensure funds are well managed, safe from fraud and equally accessible to all investors. It is not the responsibility of regulators to determine which funds specific investors are allowed to purchase. Regulators must not require any tests or assessments in an effort to "weed out" or discriminate against investors. Cryptocurrency funds are an integral part of my own investment strategy. Cryptocurrency funds have been shown to REDUCE risk by decorrelating from the market.
David Lick Comment On Regulatory Notice 22-08
It is the responsibility of regulators to ensure funds are well managed, safe from fraud and equally accessible to all investors. It is not the responsibility of regulators to determine which funds specific investors are allowed to purchase. Regulators must not require any tests or assessments in an effort to "weed out" or discriminate against investors. Cryptocurrency funds are an integral part of my own investment strategy. Cryptocurrency funds have been shown to REDUCE risk by decorrelating from the market.