I shouldn't have to pass some kind of test to invest in inverse funds. I am educated and capable of understanding leveraged and inverse funds, their risks, and their ability to hedge my investments when used as a part of my overall portfolio strategy.
I originally used these leveraged funds in several of my watch list portfolios where they outperformed the portfolios without applying them thus convincing me of their benefit. I definitely would not like restrictions applied to them.
Lynn Conner Comment On Regulatory Notice 22-08
I shouldn't have to pass some kind of test to invest in inverse funds. I am educated and capable of understanding leveraged and inverse funds, their risks, and their ability to hedge my investments when used as a part of my overall portfolio strategy.
I originally used these leveraged funds in several of my watch list portfolios where they outperformed the portfolios without applying them thus convincing me of their benefit. I definitely would not like restrictions applied to them.