It's not the job of regulators to decide which public investments I want to use for myself and family. I've used inverse funds for years and understand leveraged and inverse funds and how they work. I shouldn't have to go through a special process like passing a test. It should be my decision alone. Leveraged and inverse funds are important to my investment strategy. During 08 I did well they helped hedge my investments.
Mary DeField Comment On Regulatory Notice 22-08
It's not the job of regulators to decide which public investments I want to use for myself and family. I've used inverse funds for years and understand leveraged and inverse funds and how they work. I shouldn't have to go through a special process like passing a test. It should be my decision alone. Leveraged and inverse funds are important to my investment strategy. During 08 I did well they helped hedge my investments.