I, and not regulators, should be able to choose the public
investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
Investors should not have to go through any special process such as passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. Regulators have no right to imposed these measures on the investor.
Thomas Cottone Comment On Regulatory Notice 22-08
I, and not regulators, should be able to choose the public
investments that are right for you and your family. Public investments should be available to all of the public, not just the privileged.
Investors should not have to go through any special process such as passing a test before you can invest in public securities, like leveraged and inverse funds. Explain that you are capable of understanding leveraged and inverse funds and their risks. Regulators have no right to imposed these measures on the investor.