I shouldn't have to go through any special process like passing a test before I can invest in any public security, I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. >90% of investors lean on the advice of an investment advisor, make those who sell investments pass investment risk knowledge tests, this is where the majority of investment decisions are made in this country.
Steve Bass Comment On Regulatory Notice 22-08
I shouldn't have to go through any special process like passing a test before I can invest in any public security, I am capable of understanding leveraged and inverse funds and their risks. I do not need these measures imposed on me. >90% of investors lean on the advice of an investment advisor, make those who sell investments pass investment risk knowledge tests, this is where the majority of investment decisions are made in this country.