I believe I should be able to choose whatever investments I feel are right for me and my family. There is no need to go through any special processes like passing a test, before I can invest in public securities, like leveraged and inverse funds. Those measures should not be imposed on me. I often use inverse funds to protect my portfolio or to increase my returns when the market moves against me. Therefore I am against the proposed changes.
Richard West Comment On Regulatory Notice 22-08
I believe I should be able to choose whatever investments I feel are right for me and my family. There is no need to go through any special processes like passing a test, before I can invest in public securities, like leveraged and inverse funds. Those measures should not be imposed on me. I often use inverse funds to protect my portfolio or to increase my returns when the market moves against me. Therefore I am against the proposed changes.