It seems that our government is increasingly inserting itself into the lives of its citizens, insinuating that they are not competent to make their own decisions regarding risk. In my case, leveraged investments allow me to keep a larger percentage of my portfolio in cash (liquid and lower risk). The leveraged investments allow me to participate in the market.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am
capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed upon me.
Ronald Sabin Comment On Regulatory Notice 22-08
It seems that our government is increasingly inserting itself into the lives of its citizens, insinuating that they are not competent to make their own decisions regarding risk. In my case, leveraged investments allow me to keep a larger percentage of my portfolio in cash (liquid and lower risk). The leveraged investments allow me to participate in the market.
I shouldn't have to go through any special process like passing a test before you can invest in public securities, like leveraged and inverse funds. I am
capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed upon me.