I have been active investor for over 20 years and have successfully managed my SEP IRA and investment accounts during that time. I should not be required to take any tests to invest in any stocks including leveraged and inverse funds. In particular, leveraged and inverse funds allow me to take advantage opportunities using less capital as well as hedge risk. Please do not restrict and/or make it burdensome to invest properly. A prudent investor is solely responsible for his/her own investments, NOT any bureaucracy or regulator.
Keith Andry Comment On Regulatory Notice 22-08
I have been active investor for over 20 years and have successfully managed my SEP IRA and investment accounts during that time. I should not be required to take any tests to invest in any stocks including leveraged and inverse funds. In particular, leveraged and inverse funds allow me to take advantage opportunities using less capital as well as hedge risk. Please do not restrict and/or make it burdensome to invest properly. A prudent investor is solely responsible for his/her own investments, NOT any bureaucracy or regulator.